Overview
- Bitwise removed a delaying amendment from its S-1, triggering automatic effectiveness under Section 8(a) unless the SEC intervenes.
- If the countdown runs uninterrupted, the filing could become effective around November 26, according to Bloomberg’s Eric Balchunas.
- The proposed fund would hold DOGE directly with Coinbase Custody, maintain cash with BNY Mellon, and track the CF Dogecoin-Dollar Settlement Price.
- The ETF is expected to list on NYSE Arca, while the ticker and management fee have not yet been disclosed.
- Momentum for DOGE products has grown since the REX-Osprey ETF launched in September, and Bloomberg analysts estimate over a 90% chance that multiple Dogecoin ETFs will be trading by year-end.