Bitwise plans spot Dogecoin ETF launch in 20 days
Crypto Briefing
Bitwise anticipates launching its spot Dogecoin ETF within 20 days via an automatic SEC approval process.Summary
Crypto asset manager Bitwise expects to launch its spot Dogecoin ETF within 20 days, relying on the automatic approval process under Section 8(a) of the Securities Act, unless the SEC intervenes. This mechanism allows registration statements to become effective automatically after a set period. This move follows recent successful launches of other crypto ETFs tied to assets like SOL, LTC, and HBAR. Grayscale has also filed for its own spot Dogecoin ETF, initiating a similar countdown. Bitwise's updated filing is part of a broader trend of asset managers advancing spot crypto ETF proposals amid growing momentum in the sector.
(Source：Crypto Briefing)