- Bitwise is capitalizing on the anticipated optimistic shift in crypto laws within the US with the submitting of a Bitwise Dogecoin ETF Filing
Bitwise Asset Management has recently doubled down on the foreseen reforms in the regulatory environment within the US. Its CIO, Matt Houhan, recently confirmed the company’s filing of another ETF based on Dogecoin (DOGE).
James Seyffart, ETF Research Analyst at Bloomberg Intelligence, noted that Bitwise’s recent submission was only a Delaware trust registration. However, he believes it would eventually translate to a full-blown application with the SEC.
Dogecoin ETF Filing The company has enjoyed unprecedented success with its previous ETFs based on Bitcoin and Ether, with $2.386 billion and $348.9 million total net inflows for each, respectively, since launch up to this Wednesday’s market close.
Bitwise was notably among the pioneers of BTC and ETH ETFs in the US. It also had similar filings for XRP and Solana ETFs. It joins REX-Osprey, one of the early players in the crypto industry, in the new DOGE ETFs race.
Seyffart recently revealed that another asset management firm has jumped the gun for a Dogecoin ETF filing in Delaware. Coinshares had a pending application for the exchange-traded product (ETP) since December 2024.
Coinshares Dogecoin ETF
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