Summary
- Bitwise has reportedly registered information about a Dogecoin ETF.
- With the official application to the SEC expected, the price of Dogecoin temporarily surged.
- Dogecoin is currently trading at around $0.36, having given back some of its gains.
Bitwise registered information about a Dogecoin (DOGE) ETF on the Delaware corporate registration website on the 22nd (local time).
Since Delaware corporate registration occurs before submitting an ETF application (S-1) to the United States Securities and Exchange Commission (SEC), it seems that Bitwise will soon submit a Dogecoin ETF application to the SEC.
Upon this news, the price of Dogecoin temporarily surged by about 4%, touching $0.373 during the day. Currently, Dogecoin is trading at around $0.36, having given back some of its gains.
