Bitwise Files for Dogecoin ETF, Seeks SEC Approval

Dogecoin ETF的钻头文件，寻求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已向美国证券交易委员会（SEC）提交了注册声明，以启动Dogecoin（Doge）交易所交易基金（ETF）。该文件的日期为1月28日，展示了Bitwise提供直接投资于Doge并跟踪其价格变动的车辆的意图。

Filing Details and Custody Arrangements

提交细节和监护安排

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.

要继续批准过程，Bitwise还必须提交19b-4备案，这是SEC审查所必需的。拟议的ETF将利用Coinbase监护权作为其保管人，这是加密ETF发行人的共同选择。诸如基金的股票符号，费用结构和上市交换之类的详细信息仍未公开。

Rising Tide of Memecoin ETF Applications

Memecoin ETF应用的上升潮

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的举动与Osprey Funds，Rex股票和Tuttle Capital等美国公司中越来越多的Memecoin ETF申请保持一致，已提出与包括Doge和Trump官方（Trump）在内的各种Meme代币相关的资金。

Filing Approach Distinction

申请方法区别

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.

与根据1940年的《投资公司法》（40法案）提出的其他Memecoin ETF文件不同，Bitwise的申请根据1933年的《证券法》（第33条法案）下降。这种区别是值得注意的，因为40 ACT强加了更严格的投资者保护，而33 ACT通常用于基于商品的ETF。

Market Reaction

市场反应

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最初是作为讽刺的努力创建的，它已获得了数字资产的认可，市值约为470亿美元。尽管机构的兴趣日益增加，但Dogecoin的价格在新闻后的略有下降，这表明投资者的谨慎。

Regulatory Outlook

监管前景

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.

鉴于SEC批准基于加密的投资产品的历史犹豫，Memecoin ETF的监管格局仍然不确定。但是，包括前总统唐纳德·特朗普（Donald Trump）的亲克里普托（Crypto）立场在内的政治转变激发了人们的猜测，即监管部门的批准可能会变得更加可行。

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

免责声明：本文仅用于信息目的，不构成财务建议。