NYSE Arca has filed a 19b-4 application with the U.S. Securities and Exchange Commission (SEC) to list and trade a Bitwise Dogecoin exchange-traded fund (ETF). Given Dogecoin's community-driven momentum, ETF approval could significantly boost its price, potentially surpassing its all-time high of $0.7376.

纽约证券交易所ARCA已向美国证券交易委员会（SEC）提交了19B-4申请，以列出和交易位于Dogecoin交易所交易基金（ETF）。 鉴于Dogecoin的社区驱动势头，ETF的批准可能会大大提高其价格，这可能超过其历史最高高点0.7376。

On March 3rd, the application was submitted, seeking approval for the Bitwise Dogecoin ETF, the largest meme coin by market capitalization. This follows Bitwise's S-1 registration filing with the SEC in late January, a crucial step for the firm managing over $12 billion in assets. A similar application by Rex Shares further underscores the growing interest in Dogecoin-based investment vehicles.

3月3日，提交了该申请，寻求批准按市值计算的最大模因硬币Bitwise Dogecoin ETF。这是在1月下旬向SEC向SEC提交的S-1注册文件，这是该公司管理超过120亿美元资产的关键步骤。 Rex的类似应用进一步强调了对基于Dogecoin的投资工具的兴趣日益增长的兴趣。

The Bitwise Dogecoin ETF aims to track the price of DOGE, offering investors exposure without direct asset management. Coinbase Custody will serve as the custodian, securing the ETF's DOGE holdings, while Bank of New York Mellon (BNY Mellon) will handle cash management, administration, and record-keeping. The ETF's Net Asset Value (NAV) will be calculated daily using the CF Dogecoin-Dollar Settlement Price. Structured as a Delaware statutory trust, Bitwise will act as the sponsor. The ETF operates on a cash-based transaction model; investors cannot directly deposit or withdraw DOGE; all transactions are settled in cash.

Dogecoin ETF的旨在跟踪Doge的价格，为投资者提供无直接资产管理的敞口。 Coinbase监护权将担任托管人，确保ETF的Doge Holdings，而纽约银行Mellon（BNY Mellon）将处理现金管理，管理和记录保存。 ETF的净资产价值（NAV）将每天使用CF Dogecoin-allar结算价格进行计算。 Bitwise构成作为特拉华州法定信任的人，将充当赞助商。 ETF以基于现金的交易模型运行；投资者无法直接存入或撤回Doge；所有交易均以现金解决。

The SEC's review process for crypto ETFs typically takes up to 240 days. This follows a similar timeline to the Grayscale Dogecoin Trust, officially acknowledged by the SEC on February 13th. A final decision on Bitwise's DOGE ETF could therefore arrive by mid-October 2025.

SEC的加密ETF审查过程通常需要长达240天。 这是在与SEC在2月13日正式承认的灰色Dogecoin Trust类似的时间表之后。因此，对Bitwise的Doge ETF的最终决定可以在2025年10月中旬到达。

Could DOGE Skyrocket if the ETF Is Approved?

如果ETF获得批准，Doge会飞涨吗？

While the Dogecoin ETF filings have generated investor excitement, DOGE's price hasn't reacted positively immediately. It experienced an 11.71% drop in the last 24 hours, trading at $0.1939, reflecting broader market volatility and reduced trading activity. Over the past week, DOGE fell 2.80%, with trading volume down 33.78% to $2.67 billion.

尽管Dogecoin ETF备案引起了投资者的兴奋，但Doge的价格并没有立即做出积极的反应。 在过去的24小时内，它的交易价格下降了11.71％，为0.1939美元，反映出更广泛的市场波动和减少的交易活动。 在过去的一周中，Doge下降了2.80％，交易量下降了33.78％，至26.7亿美元。

While a Dogecoin ETF would have seemed unlikely under previous SEC leadership, shifting regulatory attitudes towards cryptocurrencies suggest approval is a real possibility. Despite the current downturn, CoinCodex predicts a potential 235.91% price surge for Dogecoin, reaching $0.6545 by April 3rd. However, the meme coin's price will likely be influenced by speculation, social media sentiment, and broader market conditions.

尽管在SEC之前的领导下，Dogecoin ETF似乎不太可能，但对加密货币的监管态度转移表明批准是一种真正的可能性。 尽管目前的经济低迷，Coincodex预测，Dogecoin的价格涨幅为235.91％，到4月3日到4月3日的价格为0.6545美元。 但是，模因硬币的价格可能会受到投机，社交媒体情绪和更广泛的市场状况的影响。