"Bitwise submits amended filings for Aptos and Dogecoin ETFs… Positive signal"
Summary
- Bitwise reportedly submitted amended documents to U.S. financial authorities for the launch of spot ETFs for Aptos and Dogecoin.
- It was stated that the S-1 registration statement, which is the amended document, is a necessary procedure for ETF listing.
- The submission of documents related to spot ETFs is a positive sign indicating that discussions with the SEC are actively underway.
Cryptocurrency asset manager Bitwise has submitted amended documents to U.S. financial authorities for the launch of spot exchange-traded funds (ETFs) for Aptos (APT) and Dogecoin (DOGE).
Eric Balchunas, a senior ETF analyst at Bloomberg, stated on the 26th (local time) via his X (formerly Twitter) account, "Bitwise has submitted revised S-1 filings related to the Aptos spot ETF and Dogecoin spot ETF to the U.S. Securities and Exchange Commission (SEC)." The S-1 filing is a type of registration statement that asset management companies submit to the SEC to list an ETF.
Analyst Balchunas commented, "(The filing of amended documents) is a positive sign showing that discussions with the SEC are actively underway," and added, "This move is consistent with the approval process for other (cryptocurrency) spot ETFs."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul