Bitwise Files for Dogecoin (DOGE) ETF with SEC

向 SEC 提交狗狗币 (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 宣布向美国证券交易委员会 (SEC) 正式提交狗狗币 (DOGE) 交易所交易基金 (ETF) 申请。

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

Bitwise 首席投资官 Matt Hougan 确认了该申请，这是向 SEC 申请完整申请的准备步骤。

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

“这是我们发的，”霍根告诉《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.

虽然该文件尚未成为正式的 ETF 提案，但它表明 Bitwise 打算向市场推出一款以 DOGE 为重点的投资产品。作为该流程的一部分，特拉华州法定信托已经成立，为 Bitwise 提供明确的治理、税收优惠以及将潜在 ETF 资产与其他公司活动分开。

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.

在推出任何实际的狗狗币 ETF 之前，Bitwise 必须向 SEC 提交完整的申请。 Bitwise 管理着超过 120 亿美元的加密资产，拥有应对监管挑战的经验，旨在通过其产品促进机构采用加密货币。

The Resurgence of Dogecoin

狗狗币的复兴

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.

狗狗币最初被认为是 2013 年的一个讽刺项目，现已发展成为最知名的加密货币之一。它是作为一个笑话而创建的，并以柴犬为吉祥物，长期以来一直被归类为“模因币”。然而，最近几个月出现了复苏，特别是在唐纳德·特朗普总统领导下的政府效率部的成立之后。

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.

狗狗币的受欢迎程度得到了埃隆·马斯克等知名支持者的支持，他一直主张该代币的合法性和实用性。人们对狗狗币重新产生的兴趣引发了人们对其投资潜力的日益认识，使得 ETF 申请成为可能的结果。

Not a Surprise

不足为奇

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.

对于行业观察家来说，狗狗币 ETF 的申请并不令人意外。 ETF Store 总裁 Nate Geraci 对 DOGE 申请 ETF 的延迟表示惊讶，因为考虑到 DOGE 是市值第七大加密货币。

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）上发帖表示，狗狗币 ETF 可以作为一种营销活动，或者获得 SEC 的宽松批准。

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.

像狗狗币这样的模因币已经引起了主流的广泛关注，特朗普总统推出的特朗普币就是一个例子。模因币投资的激增已经超出了加密货币爱好者的范围，有报告表明，40% 的特朗普币买家是首次加密货币投资者。据报道，这种日益增长的交叉吸引力促使 Bitwise 等公司探索基于 meme 币的金融产品，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 币不仅在美国而且在全球范围内受到关注。一个著名的例子是 Floki，这是一个模因币项目，计划于 2025 年初在欧洲推出交易所交易产品 (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.

虽然狗狗币 ETF 的申请引起了人们的兴奋，但分析师预计其他山寨币可能会效仿。例如，莱特币被认为是未来 ETF 批准的有力竞争者，纳斯达克此前提交了 19b-4 表格以列出 Canary Capital 拟议的莱特币 ETF。