Bitwise Files for Dogecoin ETF, Seeks SEC Approval

Dogecoin ETF的鑽頭文件，尋求SEC批准

Bitwise Asset Management has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to launch a Dogecoin (DOGE) exchange-traded fund (ETF). The filing, dated January 28th, demonstrates Bitwise's intention to offer a vehicle that directly invests in DOGE and tracks its price movements.

Bitwise Asset Management已向美國證券交易委員會（SEC）提交了註冊聲明，以啟動Dogecoin（Doge）交易所交易基金（ETF）。該文件的日期為1月28日，展示了Bitwise提供直接投資於Doge並跟踪其價格變動的車輛的意圖。

Filing Details and Custody Arrangements

提交細節和監護安排

To proceed with the approval process, Bitwise must also submit a 19b-4 filing, which is required for the SEC's review. The proposed ETF will leverage Coinbase Custody as its custodian, a common choice among crypto ETF issuers. Details such as the fund's ticker symbol, fee structure, and listing exchange remain undisclosed.

要繼續批准過程，Bitwise還必須提交19b-4備案，這是SEC審查所必需的。擬議的ETF將利用Coinbase監護權作為其保管人，這是加密ETF發行人的共同選擇。諸如基金的股票符號，費用結構和上市交換之類的詳細信息仍未公開。

Rising Tide of Memecoin ETF Applications

Memecoin ETF應用的上升潮

Bitwise's move aligns with a growing number of memecoin ETF applications in the U.S. Companies like Osprey Funds, REX Shares, and Tuttle Capital have proposed funds tied to various meme tokens, including DOGE and Official Trump (TRUMP).

Bitwise的舉動與Osprey Funds，Rex股票和Tuttle Capital等美國公司中越來越多的Memecoin ETF申請保持一致，已提出與包括Doge和Trump官方（Trump）在內的各種Meme代幣相關的資金。

Filing Approach Distinction

申請方法區別

Unlike other memecoin ETF filings made under the Investment Company Act of 1940 (40 Act), Bitwise's filing falls under the Securities Act of 1933 (33 Act). This distinction is notable as the 40 Act imposes stricter investor protections, while the 33 Act is typically used for commodity-based ETFs.

與根據1940年的《投資公司法》（40法案）提出的其他Memecoin ETF文件不同，Bitwise的申請根據1933年的《證券法》（第33條法案）下降。這種區別是值得注意的，因為40 ACT強加了更嚴格的投資者保護，而33 ACT通常用於基於商品的ETF。

Market Reaction

市場反應

Dogecoin, initially created as a satirical endeavor, has gained significant recognition as a digital asset, with a market capitalization of approximately $47 billion. Despite growing institutional interest, Dogecoin's price experienced a slight decline following the news, suggesting investor caution.

Dogecoin最初是作為諷刺的努力創建的，它已獲得了數字資產的認可，市值約為470億美元。儘管機構的興趣日益增加，但Dogecoin的價格在新聞後的略有下降，這表明投資者的謹慎。

Regulatory Outlook

監管前景

The regulatory landscape for memecoin ETFs remains uncertain, given the SEC's historical hesitance in approving crypto-based investment products. However, political shifts, including former President Donald Trump's pro-crypto stance, have fueled speculation that regulatory approval may become more feasible.

鑑於SEC批准基於加密的投資產品的歷史猶豫，Memecoin ETF的監管格局仍然不確定。但是，包括前總統唐納德·特朗普（Donald Trump）的親克里普托（Crypto）立場在內的政治轉變激發了人們的猜測，即監管部門的批准可能會變得更加可行。

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

免責聲明：本文僅用於信息目的，不構成財務建議。