Bitwise Fast-Tracks Dogecoin ETF Approval Under SEC’s 8(a) Filing
Bitwise is reportedly just weeks away from bringing the first-ever spot Dogecoin exchange-traded fund (ETF) to market, following a regulatory move that could fast-track approval. The crypto asset manager used a filing method under Section 8(a) of the Securities Act, which allows a fund to automatically take effect 20 days after filing—unless the U.S. Securities and Exchange Commission (SEC) intervenes.
This means the proposed Dogecoin ETF could become effective around November 26, without requiring the SEC’s direct sign-off. The process represents a notable shift from the traditional approval route, where most crypto ETFs wait months for formal authorization. Bloomberg analyst Eric Balchunas highlighted the move as a strategic signal of Bitwise’s confidence in the SEC’s evolving stance toward digital asset products.
Dogecoin Moves Toward Mainstream Adoption with Spot ETF
The proposed Bitwise Spot Dogecoin ETF would hold real DOGE tokens in custody through Coinbase Custody, while BNY Mellon would manage the fund’s cash reserves. The ETF is expected to list on NYSE Arca, tracking Dogecoin’s live market price and giving investors a regulated way to gain exposure to the world’s most famous meme coin.
If approved, this launch could mark another milestone for crypto’s integration into mainstream finance. It follows the wave of Bitcoin and Ethereum ETF approvals that have recently boosted investor confidence. For Dogecoin, a spot ETF would not only legitimize its market position but also open the door for institutional investors previously hesitant to engage with meme-based digital assets.
With growing optimism in the crypto ETF space and Bitwise leading the charge, Dogecoin’s transformation from internet meme to mainstream investment asset may soon become a reality.
