“Bitwise, a digital asset management company, has filed an application to register a Dogecoin (DOGE) exchange-traded fund (ETF) with the Delaware (USA) Department of State Corporations Division. True if Big. @BitwiseInvest Dogecoin ETF NOTE: this is just a registration for a trust. Assuming its real — its still not an official ETF filing with the SEC. At least not yet! https://t.co/CL3hgtWBNA — […]”, — write: businessua.com.ua
Digital asset management company Bitwise has filed to register a Dogecoin (DOGE) exchange-traded fund (ETF) with the state Department of State’s Division of Corporations Delaware (USA).
True if Big. @BitwiseInvest Dogecoin ETF
NOTE: this is just a registration for a trust. Assuming its real — its still not an official ETF filing with the SEC. At least not yet! https://t.co/CL3hgtWBNA
— James Seyffart (@JSeyff) January 22, 2025
Bloomberg analyst James Seyfarth emphasized that it is about the registration of the trust, but not about the official application in SEC.
Decrypt noted that asset managers typically register entities in Delaware before filing formal filings with the Commission.
CIO Bitwise Asset Management’s Matt Hogan confirmed to The Block the validity of the application.
On January 21, Dogecoin rose in price after the logo appeared on the website of the Department of Public Administration Efficiency of the US government. The latter has the same abbreviation as the popular meme coin.
Elon Musk, who is known as one of the main promoters of DOGE, became the head of the agency. His tweets and actions have repeatedly caused the price of this cryptocurrency to spike.
The 11th anniversary of the launch of Dogecoin did not happen without an ATH
As a reminder, on January 23-25, the deadlines for the SEC’s preliminary decision on Solana-ETF applications from VanEck, 21Shares, Canary, Bitwise and Grayscale expire.
Previously, a number of experts expressed confidence in the appearance of the product by the end of 2025.
According to JPMorgan, inflows into potential spot exchange funds based on SOL and XRP are capable of surpassing the rate of Ethereum instruments within six months after launch and reach $3-6 billion.
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