Bitwise Files for Dogecoin ETF, Formalizing Plans with SEC

Dogecoin ETF的鑽頭文件，用SEC進行正式計劃

Bitwise has officially submitted an S-1 registration with the U.S. Securities and Exchange Commission (SEC) to launch a spot Dogecoin (DOGE) exchange-traded fund (ETF). This formalizes Bitwise's plans to offer investors a way to directly hold DOGE in a regulated environment.

Bitwise已正式向美國證券交易委員會（SEC）提交了S-1註冊，以啟動現貨Dogecoin（Doge）交易所交易基金（ETF）。這正式化了Bitwise為投資者提供一種直接在受管制環境中持有的方式的方式。

Key Points:

要點：

• Bitwise's S-1 filing was submitted on January 28th, 2025.
• The ETF will provide investors with exposure to DOGE's price movements without the need for crypto wallets or exchanges.
• Bitwise's ETF is filed under the "33 Act," which has less stringent regulatory requirements compared to the "40 Act" used by other DOGE ETF filers.
• While a DOGE ETF would increase accessibility for investors, it also raises concerns over the volatility associated with meme coins.

Other Filings:

Bitwise的S-1備案提交於2025年1月28日提交。ETF將為投資者提供對Doge的價格變動的敞口與其他Doge ETF申報人使用的“ 40 ACT”相比。雖然Doge ETF會增加投資者的可訪問性，但它也引起了人們對與模因硬幣相關的波動性的擔憂。

• Rex Shares and Osprey Funds have also filed for a DOGE ETF under the "40 Act."
• The "40 Act" offers investors stronger protections through stricter SEC oversight and limits on riskier practices.

Implications:

雷克斯（Rex）的股票和魚鷹基金也根據“ 40法案”為Doge ETF申請。《 40 ACT》通過更嚴格的SEC監督和限制更風險的做法為投資者提供了更強大的保護措施。

• ETFs offer investors diversification, cost efficiency, liquidity, and transparency, making them a convenient way to manage investments.
• A DOGE ETF would provide investors with a regulated pathway to gain exposure to the cryptocurrency.
• Despite the convenience, it's important to consider the potential risks associated with investing in meme coins due to their inherent volatility.

ETF為投資者提供多元化，成本效率，流動性和透明度，使其成為管理投資的便利方式。ADOGEETF將為投資者提供受監管的途徑，以獲取對加密貨幣的暴露。由於其固有的波動性，與對模因硬幣進行投資有關。