From Yahoo Finance: 2025-06-12 19:07:00

Dogecoin faced a drop of nearly 7% on Thursday due to an SEC decision to delay approval of the Bitwise Dogecoin ETF. Altcoin ETFs are also affected, including Grayscale Hedera Trust and VanEck Avalanche ETF. The delay comes after the approval of Bitcoin ETFs in 2024, offering crypto enthusiasts more investment options.

Despite the setback, the pro-crypto administration may soon approve altcoin ETFs like Bitwise Dogecoin. Patience is key in the fast-moving crypto world, and this delay shouldn’t deter Dogecoin bulls. Consider other investment options, as Dogecoin didn’t make the Motley Fool’s list of top 10 stocks with potential for high returns.

The Motley Fool’s Stock Advisor has identified 10 stocks with significant growth potential. Past recommendations like Netflix and Nvidia have yielded substantial returns. Stock Advisor boasts a total average return of 998%, outperforming the S&P 500’s 174%. Don’t miss out on the latest top 10 list and potential investment opportunities.

Read more: Why Dogecoin Was Tumbling on Thursday