Bitwise has made a significant move, which could result in the arrival of its spot Dogecoin ETF before the end of November, marking a milestone in how the world of controlled finances will view the conception of meme currencies. The firm amended the S-1 form according to Section 8(a) of the Securities Act, hence revoking […]Bitwise has made a significant move, which could result in the arrival of its spot Dogecoin ETF before the end of November, marking a milestone in how the world of controlled finances will view the conception of meme currencies. The firm amended the S-1 form according to Section 8(a) of the Securities Act, hence revoking […]

Bitwise Moves Closer to Launching Spot Dogecoin ETF in November

2025/11/07 20:45
3분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다
Bitwise
  • Bitwise amended its filing, starting the countdown for the potential Dogecoin ETF launch by November 26.
  • ETF holds DOGE directly using Coinbase Custody, allowing regulated access without personal crypto wallets.
  • Analysts expect several Dogecoin ETFs this year, signaling rising confidence and regulatory progress.

Bitwise has made a significant move, which could result in the arrival of its spot Dogecoin ETF before the end of November, marking a milestone in how the world of controlled finances will view the conception of meme currencies.

The firm amended the S-1 form according to Section 8(a) of the Securities Act, hence revoking the postponing provision that was hampering the whole process. By doing so, the countdown process of 20 days has started, and if the U.S. Securities and Exchange Commission does not intervene, then the Dogecoin ETF will go live on November 26.

However, if the SEC decides to let the filing be effective on its own, then the launch will represent another chapter in how US regulators are dealing with investment products for digital assets.

Bitwise Shows Confidence in Changing SEC Attitude

Bloomberg ETF analyst Eric Balchunas pointed out the filing update on November 7, stating that Bitwise is “letting the clock run.” Under Section 8(a), the process is supposed to be delayed by the SEC if there are concerns; otherwise, it will be cleared in 20 days. Such a process is permissible but is uncommon with cryptocurrency funds.

Bitwise’s announcement is also an indication that the company is confident that the SEC will not oppose the ETF, particularly given the success the fund has already seen with other single-asset crypto ETFs previously approved in the early part of the current year.

How the Dogecoin ETF Will Work

The fund will invest in Dogecoin directly, with the assets held with Coinbase Custody, while any cash components will be managed by BNY Mellon.

It is designed to track the CF Dogecoin-Dollar Settlement Price, allowing investors to easily gain exposure to the actual price of the coin without having to worry about managing their own wallets or cryptocurrency security.

The ETF is scheduled to be listed on the NYSE Arca, but the ticker symbol or the management fee has yet to be announced by Bitwise.

The design is analogous to previous single-crypto ETF structures, marrying traditional markets with direct access to the cryptocurrency itself.

Also Read | Solana ETF Inflows Surge $29.2 Million, Fueling Explosive $200 Breakout 

Dogecoin ETF Race Heats Up

Dogecoin was originally launched in 2013, initially created with the help of an internet meme. However, the involvement of Dogecoin with the traditional world of finance is gradually taking on a much more serious form these days.

In September of 2025, the Dogecoin-based ETF, the REX-Osprey DOGE ETF, was the first of its kind to demonstrate the success of the regulated financial product on the Dogecoin network. Bitwise is now trying to capitalize on this trend.

There have been several updates from different asset managers about their own Dogecoin ETF filings, marking increased levels of competition and optimism. Bloomberg analysts currently believe there is over a 90% probability that multiple Dogecoin ETFs will be trading by the end of the year.

If Bitwise is successful, the result could spark a revolution, allowing meme coins to become common financial instruments on Wall Street.

Also Read | Bitcoin Accumulator Addresses Double Amid Strong Long-Term Confidence

시장 기회
Movement 로고
Movement 가격(MOVE)
$0.01772
$0.01772$0.01772
+0.39%
USD
Movement (MOVE) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

Roll the Dice & Win Up to 1 BTC

Roll the Dice & Win Up to 1 BTCRoll the Dice & Win Up to 1 BTC

Invite friends & share 500,000 USDT!