Elon Musk’s feud with President Donald Trump has confirmed to be one of essentially the most well-known political dramas this 365 days, affecting the billionaire’s companies and now apparently turning in a hideous boost to the crypto market.
Namely, since the fallout started following the June 5 spat relating to the One Elephantine Wonderful Invoice Act, Dogecoin (DOGE), Musk’s accepted cryptocurrency has surged nearly 50%, climbing from $0.1882 to $0.2799 on September 18.
What’s extra, the meme coin is no longer finest up 5.42% on the day at the time of writing, nonetheless it is additionally the finest gainer among the conclude 10 largest cryptocurrencies over the final week, outperforming the market with an 11.43% surge.
Dogecoin ETFs on the horizon
The rally has largely been fuelled by the start of the save of dwelling Dogecoin alternate-traded fund (ETF) scheduled for these days, along with the prolonged-awaited XRP ETF.
Launching The following day: REX-Osprey™ XRP ETF, $XRPR, & REX-Osprey™ DOGE ETF, $DOJE.
The indispensable U.S.-listed ETFs offering save of dwelling publicity to $XRP and $DOGE tear dwell tomorrow, offering investors a capacity to catch admission to these digital sources thru an ETF construction.
Introduced to you by… pic.twitter.com/NbyQqEs1YQ
— REX Shares (@REXShares) September 17, 2025
Underscoring the rising query for loads of crypto publicity past Bitcoin (BTC) and Ethereum (ETH) on behalf of every institutional and retail investors, the start of REX-Osprey Dogecoin ETF (DOJE) generated plenty of hypothesis relating to the cryptocurrency’s doable trajectory within the following months.
“Esteem I said, the following couple of months will most likely be wild,” said ETF Retailer president Nate Geraci on X.
The ETF debut additionally comes because the U.S. Securities and Switch Commission (SEC) faces time limits on extra than one other save of dwelling capabilities, including Grayscale’s strive to convert its hold Dogecoin Believe into an ETF by mid-October.
Accordingly, market watchers seek info from to secret agent the digital forex transition from a meme coin to a Wall Road-backed monetary product, with tag targets as excessive as $5 floating spherical as a number of the extra bullish projections.
DOGE DOGE DOGE DOGE 5 $$DOGE #DOGE pic.twitter.com/VgK1qUk7Zd
— CryptoELlTES (@CryptooELITES) September 16, 2025
Any such switch would observe an indispensable 1,600% surge from fresh ranges. While the projection can also sound irregular, a vast amount of institutional capital is at risk of return into play, so surprising spikes might certainly be gorgeous, especially given DOGE’s sturdy reliance on hype.
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