The Securities and Exchange Commission (SEC) is currently reviewing Bitwise Asset Management's application for a Dogecoin exchange-traded fund (ETF). NYSE Arca submitted a 19b-4 filing to seek approval for this ETF, following Bitwise's earlier S-1 filing. Coinbase Custody will serve as the custodian for Dogecoin assets, while the Bank of New York Mellon will manage cash assets and administration.

美国证券交易委员会（SEC）目前正在审查Bitwise Management对Dogecoin交易所交易基金（ETF）的申请。 NYSE ARCA提交了19b-4档案，以寻求Bitwise先前的S-1备案之后的ETF批准。 Coinbase监护权将作为Dogecoin资产的托管人，而纽约梅隆银行将管理现金资产和管理。

The proposed ETF will primarily invest in Dogecoin. Its Net Asset Value (NAV) will be calculated daily using the CF Dogecoin-Dollar Settlement Price, aiming for close tracking of Dogecoin's market price. This offers investors a convenient way to gain exposure to Dogecoin through traditional markets.

拟议的ETF将主要投资Dogecoin。 其净资产价值（NAV）将每天使用CF Dogecoin-allar和解价格进行计算，以仔细跟踪Dogecoin的市场价格。这为投资者提供了一种方便的方式，可以通过传统市场获取Dogecoin。

Several firms are vying for SEC approval, including Grayscale Investments and Rex Shares. Grayscale's application is reportedly further along in the SEC's review process, making them a significant competitor.

几家公司正在争夺SEC批准，包括灰度投资和Rex股票。 据报道，Grayscale的申请在SEC的审查过程中进一步发展，使其成为重要的竞争对手。

Market sentiment regarding Dogecoin ETF approval is increasingly positive. Polymarket indicates a 67% probability of approval, up from 55% the previous day. Bloomberg analysts predict a 75% chance of approval by 2025. This growing confidence suggests the market anticipates a regulated Dogecoin ETF, although approval remains uncertain.

关于Dogecoin ETF批准的市场情绪越来越积极。 Polymarket表示批准的可能性为67％，高于前一天的55％。彭博分析师预测，到2025年，批准的机会有75％。这种越来越多的信心表明，尽管批准尚不确定，但市场预计市场将受到监管的Dogecoin ETF。

This potential ETF marks a significant milestone for Dogecoin. Originating as a lighthearted project in 2013, Dogecoin has evolved into the largest meme cryptocurrency, boasting a market capitalization exceeding $28 billion.

这种潜在的ETF标志着Dogecoin的重要里程碑。 Dogecoin于2013年成为一个轻松的项目，已经发展成为最大的Meme加密货币，其市值超过280亿美元。

Despite the optimism surrounding the ETF, DOGE's price recently experienced a near 16% drop, accompanied by a 17% decrease in trading volume. This decline reflects broader market challenges, even amidst positive ETF-related news.

尽管围绕ETF的乐观态度，但Doge的价格最近却略有16％，伴随着交易量减少了17％。这种下降反映了更广泛的市场挑战，甚至在与ETF相关的积极新闻中。

In conclusion, while anticipation builds for Dogecoin ETF approval, the volatility of DOGE's price remains a key consideration.

总而言之，尽管为Dogecoin ETF批准而建立了预期，但Doge价格的波动仍然是一个关键的考虑因素。