Summary
- It was reported that the Bitwise Dogecoin (DOGE) ETF is expected to be listed on the New York Stock Exchange (NYSE) Arca on November 27.
- NYSE Arca approved BWOW's listing, stating that the lineup of major single-asset altcoin ETFs is expanding.
- Institutional access to Dogecoin is expected to increase, and the market is paying attention to the possibility of trading to begin within days.
On the 25th (local time), according to crypto asset (cryptocurrency) specialist media The Block, the Bitwise Dogecoin (DOGE) ETF (BWOW) is expected to be listed on the New York Stock Exchange (NYSE) Arca this coming Wednesday (local time). NYSE Arca approved the BWOW listing that day.
This ETF is Bitwise's new product to expand its lineup of major single-asset altcoin ETFs, and if listed, institutional access to Dogecoin is expected to increase.
The ETF launch schedule depends on final procedures by the Securities and Exchange Commission (SEC) after exchange approval, but the market is focusing on the possibility of trading starting within days.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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