Bitwise Dogecoin ETF USD Price

The Bitwise Dogecoin ETF is a proposed exchange-traded fund by Bitwise Asset Management that aims to provide investors with exposure to Dogecoin, the popular cryptocurrency known for its origins as a "memecoin." Bitwise officially filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) for this spot Dogecoin ETF. The filing follows a registration in Delaware for a potential Dogecoin ETF entity.

Dogecoin has gained renewed attention, partly due to its association with the Department of Government Efficiency established under President Donald Trump. Bitwise's Chief Investment Officer, Matt Hougan, noted the significant interest in Dogecoin, highlighting its status as the sixth-largest crypto asset by market cap and its substantial daily trading volume.

The filing for the Dogecoin ETF reflects a broader interest in bringing more diverse cryptocurrency ETFs to market, but it remains subject to SEC approval. Other firms, like Osprey Funds and Rex Shares, have also submitted proposals for a Dogecoin ETF. The development of a federal regulatory framework for digital assets, as well as the appointment of crypto-friendly figures like Paul Atkins to lead the SEC, could influence the approval process for such ETFs.