Bitwise Dogecoin ETF Gets First Step Forward With Application in Delaware

Key Points:

• Bitwise Dogecoin ETF application in the works via a Delaware statutory trust.
• Osprey Funds files for multiple crypto ETFs, including Dogecoin, Solana, Ethereum, and Bitcoin.

Bitwise Dogecoin ETF in the Making

Crypto index fund manager Bitwise has taken initial steps towards launching a Dogecoin exchange-traded fund (ETF).

According to Delaware's corporate registration database, Bitwise has filed incorporation papers for an entity named "Bitwise Dogecoin ETF." This move precedes a potential ETF application with the U.S. Securities and Exchange Commission (SEC).

As part of the process, Bitwise plans to file a Form S-1 application with the SEC, a necessary step for bringing an investment product to market.

Osprey Funds Expands Crypto ETF Filings

Market observers anticipate Bitwise's SEC filing soon. Bloomberg ETF analyst Eric Balchunas has confirmed the filing, suggesting that a Bitwise Dogecoin ETF could launch as early as April 2025 if approved.

Reflecting rising demand for cryptocurrency-based ETFs, Osprey Funds has also filed for multiple ETFs covering Dogecoin, Solana, Ethereum, Bitcoin, XRP, and Bonk.

Disclaimer: The information provided here serves as general market commentary and does not constitute investment advice. Readers are advised to conduct their own research before making any investment decisions.