Dogecoin ETF Launch Bitwise Files

Bitwise Files for Dogecoin ETF with SEC

• Bitwise has filed an S-1 document with the SEC to launch a Dogecoin ETF.
• The filing is under the ’33 Act, typically used for niche, commodity-based ETFs.
• S-1 filings differ from those under the ’40 Act, which offer stronger investor protections.
• Bitwise has pending applications for other crypto ETFs, including one for XRP.
• The crucial next step is a 19b-4 filing, signaling a rule change at the stock exchange.

Bitwise’s recent S-1 filing with the SEC aims to introduce a Dogecoin ETF under the ’33 Act, marking a significant move in expanding their crypto ETF offerings.