Published on 28 Jan 2025 on Benzinga
Polymarket Bets Turn Bullish On 2025 Dogecoin ETF After Bitwise Move
Bets favoring approval of a Dogecoin DOGE/USD exchange-traded fund in 2025 surged on Polymarket after cryptocurrency fund manager Bitwise Asset Management formally applied with the SEC.
What Happened: The odds on the Polygon POL/USD-based prediction platform increased from 43% to 56% in the last 24 hours before falling back to 53% as of this writing. On Jan. 2, the likelihood of Dogecoin ETF was just 26%.