Could a Dogecoin ETF launch this month? Bitwise sparks fresh buzz.
Dogecoin, the wildest crypto out there, might soon join big investor portfolios. Bitwise submitted a fresh cash ETF request to the SEC, clearing the final paperwork barriers. Approval might arrive in just twenty days... and spark a buying frenzy for Elon Musk's top meme coin.
A suited man holds open a briefcase with a shining Dogecoin inside, facing dim SEC officials.
Quick facts
Bitwise resubmitted its Dogecoin ETF plan to the SEC. No SEC pushback means a launch in twenty days. Dogecoin rose 13% in a day after the news. Bitwise pushes hard for Dogecoin ETF Bitwise, a top crypto manager, dropped its hold-up tweak with the SEC. This clears the path for a quick start to the Bitwise Dogecoin ETF.
If the agency stays quiet for twenty days, the fund kicks off on its own. That would bring the first big-name Dogecoin ETF to market.
US investors already touched DOGE before. Back in September, Rex Shares and Osprey Funds launched the DOJE ETF. It saw over $17 million in trades right away.
