Bitwise Files for Dogecoin ETF; Cboe Re-Files Solana ETF Applications
- Bitwise filed an S-1 form for a spot Dogecoin (DOGE) ETF with the SEC on Jan. 28.
- Cboe re-filed 19b-4 forms to trade Solana (SOL) ETFs from multiple companies.
- DOGE is the 8th largest cryptocurrency by market cap, priced at $0.32, with $2 billion in trading volume in the past 24 hours.
- Seyffart and Balchunas predict Solana ETFs could be approved in the US by late 2024.
- Canada may approve a spot Solana ETF before the US due to more liberal regulations.
Bitwise has officially filed for a Dogecoin ETF, while Cboe has made another attempt to get approval for Solana ETFs. DOGE remains a significant player in the crypto market, with substantial trading volume and market cap. Analysts expect potential approval of Solana ETFs in the US by late next year, but Canada might approve them first due to regulatory differences.
Source (2.6.1)https://cryptoslate.com/bitwise-files-dogecoin-etf-proposal-cboe-files-solana-etf-applications-for-the-third-time/?rand=24433
