Bitwise Dogecoin ETF waiting for SEC decision after submitting NYSE Arca

NYSE has submitted a change of rules proposed in the listing and trade stocks of the Dogecoin ETF (Exchange-Traded Fund) of the Bitwise Asset Management.

19b-4 filing Submitted in March. 3 US Securities and Exchange Commission (SEC). If approved, NYSE ARCA lists Doge -based funds and can be directly exposed to the largest memes coins with market caps both retail and institutional investors.

Bitwise Dogecoin ETF can be one of the first meme coin -based US investment funds.

The submission of yesterday by NYSE Arca comes after Bitwise submits the S-1 registration form for the fund at the end of January this year.

Baro: Bitwise applied for Spot Dogecoin $ DOGE ETF.

It is approved with a 63% chance of this year. pic.twitter.com/xsv1n5mr1Q

-Poli Market (@polymarket) March 3, 2025

According to the report, the US encryption exchange coinbase serves as the manager of the proposed person. equipment ETF. Meanwhile, the New York Bank Mellon will be in charge of cash custody, management and transfer agency.

If the fund turns off green lights, Bitwise’s Dogecoin ETF will be one of the first MEME Coin -based US Investment Fund.

The time line has already begun for the SEC to deliver a decision on Dogecoin ETF.

Submission of NYSE ARCA for the proposed rules change secretary On February 13, GrayScale’s report on GrayScale’s Dogecoin Trust was recognized, and this recognition began a timeline where regulators could make a decision with potential deadline in mid -October.

In terms of price, Doge rarely reacted to NYSE Arca’s recent submission. Following EXCHANGE’s submission, the encryption market has been rapidly modified.

Dogecoin has been hit by more than 12% over the last 24 hours and has dropped to $ 0.1921 at 2:07 am. This steep fullback was enough to push the weekly performance of the meme coin to more than 7% to 7%. Coinmarketcap.

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