Key Points:
- Bitwise Dogecoin ETF is on track with a Delaware statutory trust application.
- Osprey Funds also filed for multiple crypto ETFs, including Dogecoin, Solana, Ethereum, and Bitcoin.
Crypto index fund manager Bitwise has filed the first concrete steps towards a Dogecoin exchange-traded fund.
Read more: Bitwise Brings Solana Staking ETP To Europe Amid US Delays
Bitwise Dogecoin ETF May Launch With Possible Application
The company recently filed incorporation papers for an entity called “Bitwise Dogecoin ETF” in Delaware, the state’s corporate registration database revealed. While this is not a filing with the U.S. Securities and Exchange Commission, it paves the way for a possible ETF application.
The usual course of action for any company planning to issue investment products like ETFs is to create a Delaware statutory trust. Bitwise will still have to file a full Form S-1 application with the SEC, one of the major steps before a product can get to market.
Osprey Funds Expands Crypto ETF Filings Amid Growing Demand
Market onlookers expect Bitwise to file the required paperwork with the SEC shortly. Bloomberg ETF analyst Eric Balchunas verified the authenticity of the filing, adding that a Bitwise Dogecoin ETF could go live as early as April 2025 if approved.
The move reflects the increasingly growing interest in cryptocurrency-based exchange-traded funds. For added measure, Osprey Funds filed for several ETFs recently. The list includes coverage for Dogecoin, Trump Token, Solana, Ethereum, Bitcoin, XRP, and Bonk.
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