Bitwise has submitted an application to launch DOGE-ETF

Digital asset manager Bitwise has filed an application to register an exchange-traded fund (ETF) based on Dogecoin (DOGE) with the Division of Corporations of the Delaware State Department (USA).

Bloomberg analyst James Seyffart emphasized that we are talking about registering a trust, but not about an official application in SEC.

IN Decrypt indicated that asset managers typically register as entities in Delaware before filing formal filings with the Commission.

CIO Bitwise Asset Management Matt Hougan confirmed The Block relevance of the application.

On January 21, Dogecoin rose in price after the logo appeared on the website of the US Government Department of Government Effectiveness. The latter has the same abbreviation as the popular meme coin.

The head of the agency was Elon Musk, who is known as one of the main promoters of DOGE. His tweets and actions have repeatedly led to jumps in the price of this cryptocurrency.

The SEC’s preliminary ruling on Solana-ETF applications from VanEck, 21Shares, Canary, Bitwise and Grayscale expires on January 23-25.

Previously, a number of experts expressed confidence in the product’s availability before the end of 2025.

According to JPMorgan, inflows into potential spot exchange-traded funds based on SOL and XRP could surpass Ethereum instruments within six months after launch and reach $3-6 billion.

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Source: Cryptocurrency

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