Dogecoin, ETF and Bitwise
Dogecoin (DOGE) has shown remarkable resilience, bouncing back from short-term losses with a strong performance over the past month.
This story has been updated with a response from a Bitwise spokesperson. Cryptocurrency index fund manager Bitwise Asset Management filed for a Dogecoin (CRYPTO: DOGE) exchange-traded fund on Wednesday,
Dogecoin and Hedera have struggled to break the $1 mark and experts believe that market fluctuations could continue to hold them back. As a result, Rollblock could achieve the $1 milestone first. By integrating blockchain technology into the $450 billion online gambling industry,
Bitwise has registered for an ETF product tracking the world’s largest memecoin as the crypto subsector becomes more prominent within the market.
Dogecoin ( DOGE 5.88%) is climbing higher Tuesday despite a backdrop of pullbacks for the broader crypto market. The popular meme coin's token price was up 3% over the past 24 hours as of 11:40 a.m. ET. Bitcoin 's price was down 0.9%, and the price of Ethereum was down 1.6%.
Asset manager Bitwise Asset Management has officially submitted a registration filing for a Dogecoin-backed (DOGE) spot ETF.
Dogecoin posted gains Tuesday thanks to its token logo being included on the website for the waste-cutting initiative Donald Trump calls the Department of Government Efficiency (DOGE), but it's losing ground today amid catalysts that are causing investors to become more cautious about some meme coins.
The crypto asset manager's latest business filing signals a potential expansion into a new category of ETFs made based around Dogecoin.
Nate Gercai, President of ETF Store, highlighted the surprising absence of filings for a Dogecoin ETF. In a January 15 post on X, he emphasized Dogecoin’s position as the seventh-largest digital asset by market capitalization.
Bitwise Asset Management has reportedly filed for a Dogecoin (DOGE) exchange-traded fund (ETF). The company is said to have registered “BITWISE DOGECOIN ETF” as a legal entity with Delaware’s Department of State’s Division of Corporations, setting the stage for an official ETF filing with the SEC.
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