Overview
- Bitwise removed the 8(a) delaying amendment in its SEC filing, starting an automatic effectiveness period that could allow a late‑November listing unless the SEC intervenes.
- Bloomberg analyst Eric Balchunas projects potential effectiveness around November 26–27 if no stop order is issued.
- Dogecoin rose about 4% to roughly $0.18 on the filing update but remains more than 75% below its $0.7316 all-time high.
- On-chain data indicate large holders sold over 3 billion DOGE in the past month, while short‑term momentum improved with a positive MACD and a rising RSI.
- Analysts highlight resistance near $0.26, $0.41, and $0.54, and say multi‑dollar targets such as $2.20 would likely require much higher volumes and renewed accumulation; a live ETF would offer regulated exposure and be the first U.S. meme‑coin ETF.