Bitwise files S-1 registration with the SEC for a Dogecoin ETF
Quick Take The crypto fund manager previously submitted a registration filing in Delaware for a potential Dogecoin exchange-traded fund.
Bitwise officially filed an S-1 registration with the U.S. Securities and Exchange Commission on Tuesday for a spot Dogecoin exchange-traded fund, the Bitwise Dogecoin ETF.
The crypto asset manager on Jan. 22 submitted a registration filing in Delaware for a potential DOGE ETF.
Considered the first memecoin, dogecoin has recently taken on a new life thanks to the establishment of the Department of Government Efficiency under President Donald Trump.
Osprey Funds and Rex Shares have also submitted a proposal for a Dogecoin ETF.
Last week, President Donald Trump signed an executive order to create a working group that will work on developing a federal regulatory framework for digital assets. He also tapped crypto-friendly Paul Atkins to lead the SEC.
The price of doge trades around $0.32 at publication time, according to The Block's DOGE price data . It has a market cap of $47 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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