Bitwise Files for Dogecoin ETF While Musk’s D.O.G.E Agency Sparks Hype
Bitwise has filed a registration for a Dogecoin exchange-traded fund (ETF), reflecting rising interest in memecoins. The filing, titled 'Bitwise Dogecoin ETF,' was submitted yesterday (Wednesday) a...
Bitwise has filed a registration for a Dogecoin exchange-traded fund (ETF), reflecting rising interest in memecoins. The filing, titled "Bitwise Dogecoin ETF," was submitted yesterday (Wednesday) and listed on Delaware's Department of State Division of Corporations.
While such filings are sometimes hoaxes, Bitwise confirmed its legitimacy to The Block.
Dogecoin ETF Filing Boosts Investor Interest
This move follows recent ETF applications from investment managers Rex Shares and Osprey Funds, including one for Dogecoin. Approval from regulators like the US Securities and Exchange Commission (SEC Securities and Exchange Commission (SEC) The Securities and Exchange Commission (SEC) is one of the most widely known independent authorities in the United States. The SEC has a wide range of responsibilities, helping police markets and curbing against abuse. This includes enforcing federal securities laws, proposing securities rules, and regulating the US’ stock and options exchanges.As one of the paramount regulatory authorities in the US, the SEC is responsible for the oversight of public companies in the aforementioned segments.Wha The Securities and Exchange Commission (SEC) is one of the most widely known independent authorities in the United States. The SEC has a wide range of responsibilities, helping police markets and curbing against abuse. This includes enforcing federal securities laws, proposing securities rules, and regulating the US’ stock and options exchanges.As one of the paramount regulatory authorities in the US, the SEC is responsible for the oversight of public companies in the aforementioned segments.Wha Read this Term) could legitimize Dogecoin and attract conservative investors.
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