CryptoMediaClub
Friday, August 1, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Bitwise Formally Recordsdata Spot Dogecoin ETF with US SEC

29.01.2025
A A
0
120
VIEWS
ShareShare

Digital asset supervisor Bitwise has formally submitted an S-1 registration software to the US Securities and Change Fee (SEC) to launch a spot Dogecoin exchange-traded fund (ETF).

If permitted, the fund would expose buyers to the worth of the eight-largest crypto by market cap. Dogecoin is buying and selling at $0.32 at press time, per CoinGecko knowledge.

Bitwise filed with federal regulators on Tuesday, week after it had submitted related registration paperwork in Delaware on January 22.

Bloomberg ETF analyst James Seyffart, mentioned that the submitting was a lot anticipated.

“We knew this was coming as a result of they filed to register the belief final week however this makes it official with the SEC,” he wrote on X.

We knew this was coming as a result of they filed to register the belief final week however this makes it official with the SEC. https://t.co/J7GuVqujJw

— James Seyffart (@JSeyff) January 28, 2025

The asset supervisor is already headed by Bitwise’s $4.5 billion Bitcoin ETF (BITB). It’s hoping to get in among the many flurry of memecoin ETFs, anticipated to be unleashed within the wake of pro-crypto administration.

“We’ve seen plenty of filings from plenty of issuers with plenty of concepts and I believe that can proceed,” Matt Hougan, chief funding officer at Bitwise, advised Monetary Occasions.

“The fact is that there are lots of people that wish to put money into dogecoin. It’s the sixth-largest crypto asset on the planet by market cap and it trades over $1bn a day.”

Bitwise Doge ETF Differs From Related Earlier Filings

Earlier, funding managers Rex Shares and Osprey Funds filed with the SEC to launch seven new cryptocurrency ETFs together with DOGE.

Nevertheless, in line with senior Bloomberg ETF analyst Eric Balchunas, Bitwise’s submitting differs from different memecoin ETF filings.

“That is the primary ‘33 Act Doge submitting,” he wrote on X. “Rex has on e-filed below 40 Act however that isn’t the identical true blue bodily backed construction.”

This implies, S1 software filed below the ‘33 Act are used for commodity-based ETFs. In distinction, the 40 Act calls for assembly extra SEC guidelines and provides stronger investor safety.

Bitwise is already lined-up with a number of crypto ETF pending purposes together with its XRP ETF. Ripple President Monica Lengthy believes that the favorable regulatory panorama below the brand new US administration might quickly help the approval of ETFs tied to the XRP.

In the meantime, Doge is buying and selling at a descending triangle on the every day chart and experiencing a decline that started final week. It has seen a 51.7% decline within the quantity in previous 24 hours, per Coinmarketcap.

The submit Bitwise Formally Recordsdata Spot Dogecoin ETF with US SEC appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Visa Expands Crypto Capabilities of Its DLT Platform
All news

Visa Expands Crypto Capabilities of Its DLT Platform

01.08.2025
0

Visa integrated three new stablecoins into its payment DLT platform and increased the number of supported blockchains to four. Financial...

Read moreDetails
WEPE Pullback Finds Strong Support Before New Test of Resistance at $0.0001249

WEPE Pullback Finds Strong Support Before New Test of Resistance at $0.0001249

01.08.2025
Tourists in South Korea to Exchange USDT via Crypto ATMs

Tourists in South Korea to Exchange USDT via Crypto ATMs

01.08.2025
BNB Holders Can Now Earn Daily Passive Income Through the Officially Launched BNB Payment Integration by Find Mining

BNB Holders Can Now Earn Daily Passive Income Through the Officially Launched BNB Payment Integration by Find Mining

01.08.2025
23% of CFOs in North America Ready to Implement Crypto

23% of CFOs in North America Ready to Implement Crypto

01.08.2025
Load More
Next Post
X Broadcasts First Options of Its Monetary Service

X Broadcasts First Options of Its Monetary Service

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

DEA gets duped: Agency loses $55K in address poisoning scam

DEA gets duped: Agency loses $55K in address poisoning scam

2 years ago

XRP Bull Run Increasingly Possible if This Level Falls: Ripple Price Analysis

2 years ago
MIAX completes acquisition of FTX subsidiary LedgerX

MIAX completes acquisition of FTX subsidiary LedgerX

2 years ago

Which Cryptocurrency Will Reach $1 First: Ripple (XRP), Shiba Inu (SHIB), or Dogecoin (DOGE)?

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

BNB Holders Can Now Earn Daily Passive Income Through the Officially Launched BNB Payment Integration by Find Mining

BlackRock’s BUIDL fund hit by $447M outflow after 18-month record breaking $2.8B inflow

23% of CFOs in North America Ready to Implement Crypto

Coinbase Accuses FDIC of Hiding Operation Chokepoint 2.0 Files 

Altcoins lead crash as $751M liquidated in last 24 hours and Bitcoin falls to July low

Trump Tariffs Return — What Does It Mean for Bitcoin, Ether, XRP, Crypto?

Trending

Visa Expands Crypto Capabilities of Its DLT Platform
All news

Visa Expands Crypto Capabilities of Its DLT Platform

01.08.2025
0

Visa integrated three new stablecoins into its payment DLT platform and increased the number of supported blockchains...

WEPE Pullback Finds Strong Support Before New Test of Resistance at $0.0001249

WEPE Pullback Finds Strong Support Before New Test of Resistance at $0.0001249

01.08.2025
Tourists in South Korea to Exchange USDT via Crypto ATMs

Tourists in South Korea to Exchange USDT via Crypto ATMs

01.08.2025
BNB Holders Can Now Earn Daily Passive Income Through the Officially Launched BNB Payment Integration by Find Mining

BNB Holders Can Now Earn Daily Passive Income Through the Officially Launched BNB Payment Integration by Find Mining

01.08.2025
BlackRock’s BUIDL fund hit by $447M outflow after 18-month record breaking $2.8B inflow

BlackRock’s BUIDL fund hit by $447M outflow after 18-month record breaking $2.8B inflow

01.08.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz