Close Menu
Cryprovideos
    What's Hot

    Tech That May Show Whether or not Iran’s Uranium Was Destroyed – Decrypt

    June 24, 2025

    Pompliano’s crypto agency raises $750M to go public by way of SPAC

    June 24, 2025

    Technique Acquires 245 Bitcoin for $26 Million Amid Market Volatility

    June 24, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Bitwise Seeks SEC Nod for Dogecoin ETF with Newest Submitting
    Bitwise Seeks SEC Nod for Dogecoin ETF with Newest Submitting
    Crypto News

    Bitwise Seeks SEC Nod for Dogecoin ETF with Newest Submitting

    By Crypto EditorJanuary 29, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Bitwise Asset Administration formally submitted a submitting to the US Securities and Alternate Fee (SEC) on Tuesday for a Dogecoin exchange-traded fund (ETF).

    This marks the second submitting for a Dogecoin ETF, following the same transfer by Rex Shares final week.

    Bitwise Recordsdata for Dogecoin ETF

    On January 28, the asset supervisor submitted an S-1 kind with the SEC to launch a Dogecoin ETF. This submitting got here shortly after its earlier utility to ascertain a Dogecoin ETF by means of a Delaware belief.

    “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,” Bloomberg analyst James Seyffart posted on X (previously Twitter).

    With this transfer, Bitwise joins Rex Shares, which just lately submitted ETF purposes for a number of meme cash. These embody DOGE, Bonk (BONK), and Donald Trump’s TRUMP token.

    Nonetheless, Bitwise’s submitting does have a specialty. Eric Balchunas, a senior ETF analyst at Bloomberg, highlighted that the submitting was made beneath the Securities Act of 1933.

    “That is the primary ‘33 Act (a la $IBIT) doge submitting. Rex has on e filed beneath 40 Act however that isn’t the identical true blue bodily backed construction,” Balchunas wrote on X.

    Notably, this distinction is essential. ETFs filed beneath the Securities Act of 1933 are bodily backed, which signifies that they maintain the underlying asset—on this case, Dogecoin.

    In distinction, ETFs beneath the Funding Firm Act of 1940 have a distinct construction. Due to this fact, they don’t essentially contain direct possession of the asset.

    Moreover, in its submitting, Bitwise has designated Coinbase Custody because the proposed custodian for its spot DOGE ETF. Nonetheless, the S-1 does miss sure particulars. This consists of the proposed charge, ticker image, or the inventory change on which the ETF could be listed if authorized.

    In the meantime, following Bitwise’s Dogecoin ETF submitting, betting odds on the prediction platform Polymarket surged to a file excessive of 56% in favor of approval. On the time of writing, the percentages remained regular at 55%.

    bitwise dogecoin etf
    Odds Of Dogecoin ETF Approval. Supply: Polymarket

    Bitwise’s transfer comes amid an increase in cryptocurrency ETF filings. The corporate has already launched spot Bitcoin (BTC) and Ethereum (ETH) ETFs. Furthermore, it has additionally filed purposes for Solana (SOL) and XRP (XRP) ETFs. 

    Nonetheless, the proposal for a Bitwise 10 Crypto Index Fund remains to be pending overview. This fund goals to trace the efficiency of the ten largest cryptocurrencies by market cap. However, the SEC has prolonged its overview of the appliance till March 2025.

    Disclaimer

    In adherence to the Belief Venture pointers, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to offer correct, well timed info. Nonetheless, readers are suggested to confirm information independently and seek the advice of with an expert earlier than making any choices primarily based on this content material. Please be aware that our Phrases and Circumstances, Privateness Coverage, and Disclaimers have been up to date.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Pompliano’s crypto agency raises $750M to go public by way of SPAC

    June 24, 2025

    Solaxy Explodes 65% After DEX Launch, Hits $76M Market Cap: Finest Crypto to Purchase?

    June 24, 2025

    Purchase The Dip? Buying and selling Indicators Present These High Altcoins Are Prepared To Bounce Again After Crypto Crash

    June 24, 2025

    Senator Introduces Invoice to Halt Trump’s Crypto Exercise—However Voted to Enable It Final Week – Decrypt

    June 24, 2025
    Latest Posts

    Technique Acquires 245 Bitcoin for $26 Million Amid Market Volatility

    June 24, 2025

    Metaplanet Buys 1,111 Bitcoin, Robert Kiyosaki Sees BTC Crash

    June 24, 2025

    A $245 Million Bitcoin Thief Pleads Responsible within the US

    June 24, 2025

    Establishments Hold Shopping for Bitcoin — However Can It Break Out?

    June 24, 2025

    Bitcoin STHs Capitulate: 14,700 BTC Moved To Exchanges At Loss

    June 24, 2025

    XRP: Not Dropping $2, Ethereum (ETH): Golden Cross Ineffective? Essential Bitcoin (BTC) Sign You Shouldn't Ignore

    June 24, 2025

    One Metric Suggesting ‘Concern’ for Value of Bitcoin (BTC), In line with Analytics Agency Swissblock – The Each day Hodl

    June 24, 2025

    Bitcoin (BTC) Faces Challenges Amid International Financial Turmoil

    June 24, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    GameStop: the value of the crypto GME and the most recent information from Roaring Kitty

    November 9, 2024

    Binance CEO Says Tariff Mayhem Could Profit Crypto

    April 8, 2025

    What to anticipate at Donald Trump’s crypto summit

    March 4, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.