Summary
- Bitwise said it has entered full-scale procedures to list a Dogecoin (DOGE) spot ETF.
- A Bloomberg senior ETF analyst said the '8(a) procedure' could take effect in about 20 days.
- It said Dogecoin is trading at $0.164 on the Binance Tether (USDT) market, down 1.6% from the previous day.
Bitwise appears to have entered full-scale procedures to list a Dogecoin (DOGE) spot exchange-traded fund (ETF).
On the 6th (local time), Eric Balchunas, Bloomberg's senior ETF analyst, said on his X, "Bitwise appears to be conducting an '8(a) procedure' for a Dogecoin spot ETF," and "this means it would take effect in about 20 days unless there is separate intervention."
Meanwhile, Dogecoin is trading at $0.164 on the Binance Tether (USDT) market, down 1.6% from the previous day.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
