Bitwise Dogecoin ETF Moves Towards SEC Filing

Bitwise Dogecoin ETF 即將向 SEC 備案

Bitwise Asset Management has established BITWISE DOGECOIN ETF, the legal entity behind its Dogecoin ETF project. This preparatory step enables Bitwise to draft its SEC filing without immediately submitting it. The creation of BITWISE DOGECOIN ETF marks an anticipated initial step towards SEC approval, which is mandatory for all ETFs.

Bitwise Asset Management建立了Bitwise Dogecoin ETF，這是其Dogecoin ETF項目背後的法律實體。此準備步驟使Bitwise可以起草其SEC提交，而無需立即提交。 Bitwise Dogecoin ETF的創建標誌著SEC批准的預期第一步，這對於所有ETF都是強制性的。

Market Reaction to Bitwise's Move

市場對Bitwise的行動的反應

Following the announcement of the BITWISE DOGECOIN ETF entity, Dogecoin's price surged to $0.373. Market participants anticipate that an ETF will increase Dogecoin's tradability and accessibility, potentially driving up its value.

在宣布Dogecoin ETF實體之後，Dogecoin的價格飆升至0.373美元。市場參與者預計，ETF將提高Dogecoin的可及性和可及性，並有可能提高其價值。

However, despite the initial spike, Dogecoin's price reversed its gains due to market sell-offs, pushing it back to $0.35. Dogecoin's price fluctuations reflect both current market sentiment and wider economic factors that contribute to market volatility.

然而，儘管最初出現飆升，但由於市場拋售，狗狗幣的價格逆轉了漲幅，將其推回 0.35 美元。狗狗幣的價格波動反映了當前的市場情緒和導致市場波動的更廣泛的經濟因素。

Regulatory Landscape and Future Prospects

監管格局與未來前景

Gary Gensler's departure as SEC chair has sparked a dialogue regarding cryptocurrency regulation, particularly in the context of ETFs. Under Gensler's leadership, the SEC hesitated to approve crypto ETFs due to concerns over protecting investors from market volatility. His departure raises expectations that the new SEC leadership may be more receptive to approving cryptocurrency ETFs, including those for Dogecoin.

Gary Gensler擔任SEC主席的離開已經引發了有關加密貨幣法規的對話，尤其是在ETF的背景下。在Gensler的領導下，SEC猶豫不決，因為人們擔心保護投資者免受市場波動的關注。他的離開提出了期望新的SEC領導層可能更容易接受批准加密貨幣ETF，包括Dogecoin的ETF。

The recent approvals of Bitcoin and Ethereum ETFs set a positive precedent that enhances the likelihood of a Dogecoin ETF being approved. Such a development could captivate institutional investors and broaden Dogecoin's market appeal by providing a structured investment pathway.

最近比特幣和以太坊 ETF 的批准開創了一個積極的先例，提高了狗狗幣 ETF 獲得批准的可能性。這樣的發展可以吸引機構投資者，並透過提供結構化投資途徑來擴大狗狗幣的市場吸引力。

Impact on Dogecoin's Valuation

對狗狗幣估值的影響

Analysts and investors expect Dogecoin's price to rise upon the availability of a Dogecoin ETF for trading. Crypto analyst Ali Martinez predicts that DOGE may reach $15 following regulatory approval for the ETF.

分析師和投資者預計，當狗狗幣 ETF 可供交易時，狗狗幣的價格將會上漲。加密貨幣分析師 Ali Martinez 預測，在監管部門批准 ETF 後，DOGE 可能會達到 15 美元。

Furthermore, Martinez highlights a significant pattern on Dogecoin's 4-hour chart. A green arrow marks a "9" on the TD Sequential indicator, indicating a potential uptrend. This suggests the conclusion of a decline and a possible price rebound after nine consecutive candles with lower lows.

此外，馬丁內斯（Martinez）強調了Dogecoin的4小時圖表的重要模式。綠色箭頭在TD順序指示器上標記為“ 9”，表明潛在上升趨勢。這表明結論是下降的結論，並可能在低點較低的連續九個蠟燭後撤回。

ETF's Influence on Dogecoin's Perception and Investment

ETF對狗狗幣認知與投資的影響

The anticipated ETF is expected to foster Dogecoin's acceptance as an investment vehicle by providing accessible investment opportunities for new investors. Institutional investors may increase their DOGE holdings once the ETF begins trading. However, it is crucial to note that these predictions are contingent on both SEC approval and broader market trends.

預計預期的ETF將通過為新投資者提供無障礙投資機會來促進Dogecoin作為投資工具的接受。一旦ETF開始交易，機構投資者可能會增加他們的總結持有量。但是，至關重要的是要注意，這些預測取決於SEC批准和更廣泛的市場趨勢。

Disclaimer

免責聲明

The predicted outcome of launching a Dogecoin ETF is subject to numerous factors, including regulatory changes, market dynamics, and investor behaviour. At the time of writing, Dogecoin trades at $0.3504, with a 3.45% decline.

推出Dogecoin ETF的預測結果受到許多因素，包括監管變化，市場動態和投資者行為。在撰寫本文時，Dogecoin的交易價格為0.3504美元，下降了3.45％。