PiCK

Bitwise Applies for Dogecoin ETF

Doohyun Hwang

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.

DOGE

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

PiCK

Bitwise Applies for Dogecoin ETF

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