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Cryptocurrency News Articles

title: NYSE Arca Files to List Bitwise Dogecoin ETF

Mar 04, 2025 at 01:36 pm

NYSE Arca has filed a proposed rule change to list and trade shares of the Bitwise Asset Management Dogecoin exchange-traded fund.

title: NYSE Arca Files to List Bitwise Dogecoin ETF

NYSE Arca, an exchange subsidiary, has filed a proposed rule change with the Securities and Exchange Commission to list and trade shares of the Bitwise Asset Management Dogecoin exchange-traded fund.

NYSE Arca, an exchange subsidiary, has filed a proposed rule change with the Securities and Exchange Commission to list and trade shares of the Bitwise Asset Management Dogecoin exchange-traded fund.

The 19b-4 was filed on Friday and, if approved, would enable the exchange to list the Bitwise ETF, a fund offering direct exposure to the memecoin.

The 19b-4 was filed on Friday and, if approved, would enable the exchange to list the Bitwise ETF, a fund offering direct exposure to the memecoin.

Coinbase will act as the Dogecoin custodian while the Bank of New York Mellon will handle the cash custody, administration, and transfer agency functions, it stated.

Coinbase will act as the Dogecoin custodian while the Bank of New York Mellon will handle the cash custody, administration, and transfer agency functions, it stated.

The ETF uses cash creations and redemptions, meaning investors cannot contribute or receive Dogecoin directly.

Bitwise filed an S-1 registration form for the product with the SEC in late January.

Bitwise filed an S-1 registration form for the product with the SEC in late January.

If approved, this would be one of the first US-listed memecoin ETFs, providing regulated access to Dogecoin for institutional and retail investors.

Dogecoin prices did not react to the filing and have tanked more than 15% on the day, falling to $0.19 in a broader crypto market rout that has wiped out all gains from Donald Trump’s US crypto reserve announcement on Thursday.

Dogecoin prices did not react to the filing and have tanked more than 15% on the day, falling to $0.19 in a broader crypto market rout that has wiped out all gains from Donald Trump’s US crypto reserve announcement on Thursday.

On Feb. 13, the SEC acknowledged Grayscale’s filings for the Grayscale Dogecoin Trust, meaning that the timeline for reviewing and deciding on the product has begun, and a potential deadline would be around mid-October.

On Feb. 13, the SEC acknowledged Grayscale’s filings for the Grayscale Dogecoin Trust, meaning that the timeline for reviewing and deciding on the product has begun, and a potential deadline would be around mid-October.

Meanwhile, the Nasdaq on Friday filed a similar proposed rule change with the SEC to list and trade shares of the Grayscale Hedera Trust. The fund will track the price of HBAR, the native token of the Hedera Network. In late February, the Nasdaq filed to list a similar Hedera product from Canary Capital.

Meanwhile, the Nasdaq on Friday filed a similar proposed rule change with the SEC to list and trade shares of the Grayscale Hedera Trust. The fund will track the price of HBAR, the native token of the Hedera Network. In late February, the Nasdaq filed to list a similar Hedera product from Canary Capital.

There has been a slew of altcoin ETF applications from various issuers, including funds tracking the prices of Cardano (ADA), Solana (SOL), Polkadot (DOT), Litecoin (LTC) and XRP (XRP) in the United States since the change in administration and crypto-friendly pivot by the SEC.

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Other articles published on Mar 04, 2025