"Bitwise submits amended filings for Aptos and Dogecoin ETFs… Positive signal"

JOON HYOUNG LEE

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."

DOGE

APT