Bitwise Files for Dogecoin (DOGE) ETF with SEC

向 SEC 提交狗狗幣 (DOGE) ETF 的 Bitwise 文件

On January 23, Bitwise Asset Management announced its formal filing for a Dogecoin (DOGE) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).

1 月 23 日，Bitwise Asset Management 宣布向美國證券交易委員會 (SEC) 正式提交狗狗幣 (DOGE) 交易所交易基金 (ETF) 申請。

Matt Hougan, Bitwise's Chief Investment Officer, confirmed the filing, which represents a preparatory step towards a full SEC application.

Bitwise 首席投資長 Matt Hougan 確認了該申請，這是向 SEC 申請完整申請的準備步驟。

"This was from us," Hougan told The Block.

「這是我們發的，」霍根告訴《The Block》。

While this filing is not yet an official ETF proposal, it signals Bitwise's intention to introduce a DOGE-focused investment product to the market. As part of the process, a Delaware statutory trust has been established, providing Bitwise with clear governance, tax advantages, and separation of potential ETF assets from other company activities.

雖然該文件尚未成為正式的 ETF 提案，但它表明 Bitwise 打算向市場推出一款以 DOGE 為重點的投資產品。作為該流程的一部分，特拉華州法定信託已經成立，為 Bitwise 提供明確的治理、稅收優惠以及將潛在 ETF 資產與其他公司活動分開。

Before any actual Dogecoin ETF can be launched, Bitwise must submit a full application to the SEC. With over $12 billion in crypto assets under management, Bitwise possesses experience in navigating regulatory challenges and aims to facilitate institutional adoption of crypto through its products.

在推出任何實際的狗狗幣 ETF 之前，Bitwise 必須向 SEC 提交完整的申請。 Bitwise 管理超過 120 億美元的加密資產，擁有應對監管挑戰的經驗，旨在透過其產品促進機構採用加密貨幣。

The Resurgence of Dogecoin

狗狗幣的復興

Dogecoin, initially conceived as a satirical project in 2013, has evolved into one of the most recognizable cryptocurrencies. Created as a joke and featuring the Shiba Inu dog as its mascot, it has long been categorized as a "memecoin." However, recent months have witnessed a resurgence, particularly with the establishment of the Department of Government Efficiency under President Donald Trump.

狗狗幣最初被認為是 2013 年的一個諷刺項目，現已發展成為最知名的加密貨幣之一。它是作為一個笑話而創建的，並以柴犬為吉祥物，長期以來一直被歸類為“模因幣”。然而，最近幾個月出現了復甦，特別是在唐納德·川普總統領導下的政府效率部的成立之後。

Dogecoin's popularity has been bolstered by high-profile supporters such as Elon Musk, who has consistently advocated for the token's legitimacy and utility. The renewed interest in Dogecoin has sparked an increasing recognition of its investment potential, making the pursuit of an ETF application a likely outcome.

狗狗幣的受歡迎程度得到了馬斯克等知名支持者的支持，他一直主張該代幣的合法性和實用性。人們對狗狗幣重新產生的興趣引發了人們對其投資潛力的日益認識，使得 ETF 申請成為可能的結果。

Not a Surprise

不足為奇

The filing for a Dogecoin ETF comes as no surprise to industry observers. Nate Geraci, President of ETF Store, expressed astonishment at the delay in filing an ETF for DOGE, considering its status as the seventh-largest cryptocurrency by market capitalization.

對於產業觀察家來說，狗狗幣 ETF 的申請並不令人意外。 ETF Store 總裁 Nate Geraci 對 DOGE 申請 ETF 的延遲表示驚訝，因為考慮到 DOGE 是市值第七大加密貨幣。

In a post on X (formerly Twitter) on January 15, Geraci suggested that a Dogecoin ETF could serve as a marketing campaign or receive lenient approval from the SEC.

1 月 15 日，Geraci 在 X（以前的 Twitter）上發文表示，狗狗幣 ETF 可以作為一種行銷活動，或獲得 SEC 的寬鬆批准。

Meme coins like Dogecoin have garnered significant mainstream attention, exemplified by TRUMP coin, launched by President Trump. The surge in meme coin investments has extended beyond crypto enthusiasts, with reports indicating that 40% of TRUMP coin buyers were first-time crypto investors. This growing crossover appeal has reportedly motivated companies like Bitwise to explore meme coin-based financial products, including the DOGE ETF.

像狗狗幣這樣的迷因幣已經引起了主流的廣泛關注，川普總統推出的川普幣就是一個例子。迷因幣投資的激增已經超出了加密貨幣愛好者的範圍，有報告表明，40% 的川普幣買家是首次加密貨幣投資者。據報道，這種日益增長的交叉吸引力促使 Bitwise 等公司探索基於 meme 幣的金融產品，包括 DOGE ETF。

Meme coins have gained traction not only in the U.S. but also globally. A notable example is Floki, a meme coin project planning to launch an exchange-traded product (ETP) in Europe by early 2025.

Meme 幣不僅在美國而且在全球範圍內受到關注。一個著名的例子是 Floki，這是一個迷因幣項目，計劃於 2025 年初在歐洲推出交易所交易產品 (ETP)。

While the Dogecoin ETF filing has generated excitement, analysts anticipate that other altcoins may follow suit. Litecoin, for instance, is considered a strong contender for future ETF approval, with Nasdaq previously filing Form 19b-4 to list Canary Capital's proposed Litecoin ETF.

雖然狗狗幣 ETF 的申請引起了人們的興奮，但分析師預計其他山寨幣可能會效仿。例如，萊特幣被認為是未來 ETF 批准的有力競爭者，納斯達克先前提交了 19b-4 表格以列出 Canary Capital 擬議的萊特幣 ETF。