#DOGE# Recently, the Crypto Assets sector has once again become the focus, with DOGE submitting an ETF application, triggering widespread follow in the market. This move not only reflects the ongoing evolution of the Crypto Assets market but also brings new considerations for investors.

If the ETF application for DOGE is approved, we may see several significant market reactions. First, the price of DOGE may experience a rapid short-term increase. This price rise is not only a result of speculative behavior but also reflects the market's recognition of DOGE entering mainstream financial products. It is worth noting that immediately after the application was submitted, the price of DOGE had already increased by 2.5% to 6%, reaching $0.237.

More importantly, the approval of the ETF could attract a large amount of institutional funds into the DOGE market. Analysts predict that in the first year after the ETF launch, it could attract between 3 to 5 billion dollars in capital inflow. This would not only further drive up the price of DOGE but could also encourage more traditional portfolios to consider including DOGE, thereby enhancing DOGE's position within the entire financial ecosystem.

However, the outcome of the ETF application still remains uncertain. Industry insiders generally believe that the Solana ETF application results, which will be announced on October 16, will serve as an important indicator. If Solana's ETF is approved, it may increase the likelihood of the DOGE ETF being approved. Conversely, if Solana's application is rejected, the prospects for the DOGE ETF may also be affected.

In addition, the approval strategy of the U.S. Securities and Exchange Commission (SEC) is also worth following. If the SEC集中 approves multiple crypto assets ETFs in October, DOGE may catch this favorable wind. However, if the SEC chooses to continue delaying its decision, the hope for DOGE ETF approval within the year may become slim.

Regardless of the final outcome, the application for a DOGE ETF reflects the ongoing efforts of the Crypto Assets market to seek legalization and mainstream acceptance. This process is not only about DOGE itself but also a microcosm of the entire Crypto Assets industry's development. Investors and market participants should closely follow the developments of this situation while also carefully assessing the potential risks and opportunities.