Crypto Asset Manager BitWise has applied for the launch of a DOGECOIN trading box amid other signs of American policy makers preparing for encryption.
The request, which was submitted to the federal organizers on Tuesday, represents the last step of the source towards a Dokwin ETF, which laid the legal basis for the past week.
If approved, the fund will expose investors to price movements in the largest encryption in the eighth depending on the market value.
Dogecoin is traded at $ 0.32 at the time of writing, Coingecko Data He appears. origin I touched a high price for three years From 0.475 dollars last November-recently the time Elon Musk increased Twitter about the launch of his additional government agency, Dog
The money traded on the stock exchange is investment vehicles that enable investors to be exposed to assets without investing directly.
Federal organizers in the United States agreed to Bitcoin and Ethereum in the first half of 2024, which leads to a Institutional dollars rush In digital assets.
These asset -based digital funds have so far attracted more than $ 4 billion in investments in 2025, according to the Coin shares report released on Monday.
And now, k A new crop of the organizers The leadership of the Securities Stock Exchange committee takes the era of President Donald Trump, and some of the approvals that adequate other coding funds will be followed soon.
The BitWise app comes to provide ETF DOGECOIN with SEC just days after the company I recorded legal confidence for the fund. This confidence, which is registered last week through CSC Deaware Trust in Wellington, laid the legal basis of the Asset Manager to submit to ETF.
The MEME-based box will add the current two exporters who are circulating on the American Bitco Bitcoin Etf and BitWise Ethereum ETF.
At the same time, the director of assets as well Submitted and XRP Late last year, in an attempt to expand investment -based investment offers. Other exporters followed BitWise, with a progress of money offering in the United States that would carry widely encrypted currencies like Official Trump, Bonk, and Hbar.
SEC generally has 45 days from the date of deposit to take a preliminary decision to agree, reject or extend its review of ETF applications. This time frame can be extended several times, with the final deadline of a decision usually determined within 240 days of initial deposit.
Edit Sebastian Senkler
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