NYSE Arca has filed to list the Bitwise Dogecoin ETF, a significant step towards a regulated investment product for Dogecoin. The exchange submitted a 19b-4 filing on March 3rd, initiating the SEC approval process. Approval would offer institutional and retail investors direct Dogecoin exposure without needing to hold the asset directly. Coinbase will act as custodian, with Bank of New York Mellon managing cash custody and administration.

NYSE ARCA已申請列出dogecoin ETF，這是朝著狗狗幣投資的重要一步。 該交易所於3月3日提交了19b-4文件，啟動了SEC批准程序。 批准將為機構和散戶投資者提供直接敞口的曝光，而無需直接持有資產。 Coinbase將擔任託管人，紐約銀行梅隆（Mellon）管理現金監護權和行政管理。

Rising Optimism for SEC Approval

對SEC批准的樂觀情緒提高

Market confidence in a Dogecoin ETF is growing. Polymarket shows a 67% probability of approval, while Bloomberg analysts estimate a 75% chance by 2025. This reflects increasing belief in regulatory acceptance of crypto-based investment vehicles. However, SEC approval remains uncertain.

市場對Dogecoin ETF的信心正在增長。 Polymarket顯示了67％的批准可能性，而彭博分析師估計到2025年的機會有75％。這反映了對基於加密貨幣投資工具的監管接受的越來越多的信念。 但是，SEC批准仍然不確定。

Dogecoin Price Drops Despite ETF Hype

儘管ETF大肆宣傳，但Dogecoin價格下降了

Despite the optimism, DOGE has fallen over 15%, reaching $0.19, amidst broader market volatility. Trading volume also decreased by 16.80%, indicating weaker market activity. This decline followed the initial positive sentiment surrounding Donald Trump's crypto reserve announcement, highlighting that ETF speculation alone cannot sustain Dogecoin's price.

儘管很樂觀，但在更廣泛的市場波動中，總督卻下跌了15％，達到0.19美元。交易量也減少了16.80％，表明市場活動較弱。這次下降是在唐納德·特朗普（Donald Trump）的加密儲備公告宣布的最初積極情緒之後，強調說，僅ETF猜測就無法維持Dogecoin的價格。

More Altcoin ETF Filings on the Horizon

更多的altcoin ETF歸檔

The Nasdaq has also filed to list the Grayscale Hedera Trust (tracking HBAR), demonstrating continued interest in altcoin ETFs. The SEC is concurrently reviewing similar proposals for Cardano (ADA), Solana (SOL), Polkadot (DOT), Litecoin (LTC), and XRP, suggesting growing acceptance of memecoins and major altcoins within the regulated investment landscape.

納斯達克還申請列出灰度Hedera Trust（跟踪HBAR），表明對Altcoin ETF的持續興趣。 SEC同時審查了Cardano（ADA），Solana（Sol），Polkadot（DOT），Litecoin（LTC）和XRP的類似提案，這表明在受監管的投資環境中，人們對內存和主要的Altcoins的接受程度越來越大。

What's Next?

接下來是什麼？

With the SEC reviewing both Bitwise's Dogecoin ETF and Grayscale's Dogecoin Trust, the coming months are critical. A decision on the Grayscale Dogecoin Trust is expected by mid-October, potentially paving the way for Dogecoin's mainstream adoption as a tradable investment. Until approval is confirmed, however, price volatility is expected to continue.

隨著SEC審查Bitwise的Dogecoin ETF和Grayscale的Dogecoin Trust，未來幾個月至關重要。預計將在10月中旬進行關於灰dogecoin信託的決定，這可能為Dogecoin的主流採用鋪平了道路，作為一項可交易投資。 但是，在確認批准之前，預計價格波動將繼續。