灰度和位於美國在美國推出dogecoin（Doge）ETF的比賽

隨著紐約證券交易所ARCA已向美國證券交易委員會（SEC）提交了19b-4表格，在美國發起Dogecoin ETF的競賽正在加熱。

NYSE Arca filed a 19b-4 form with the Securities and Exchange Commission (SEC) on Monday for Grayscale’s Grayscale Dogecoin Trust to be listed and traded on the exchange.

紐約證券交易所ARCA週一向美國證券交易委員會（SEC）提交了19b-4表格，該表格將在交易所上市和交易Grayscale的Grayscale Dogecoin Trust。

The latest development marks a significant step in the mainstream adoption of Dogecoin (CRYPTO: DOGE) as an institutional-grade asset.

最新發展標誌著Dogecoin（加密：Doge）作為機構級資產的主流採用邁出了重要一步。

Grayscale and Bitwise Enter the Dogecoin ETF Race

灰度和鑽頭進入Dogecoin ETF種族

Grayscale’s move comes just a day after Bitwise filed for its own Dogecoin ETF, further signaling a rising interest in DOGE-based investment products.

在Bitwise申請自己的Dogecoin ETF之後的第二天，Grayscale的舉動進一步表明了對基於Doge的投資產品的興趣上升。

A Dogecoin ETF seemed unlikely a year ago, but with growing institutional adoption and the success of Bitcoin and Ethereum ETFs, companies are now competing to bring the first spot Dogecoin ETF to market.

一年前，Dogecoin ETF似乎不太可能，但是隨著機構的採用以及比特幣和以太坊ETF的成功，公司現在正在競爭將第一名的Dogecoin ETF推向市場。

Coinbase Custody, BNY Mellon To Handle Dogecoin ETF

Coinbase監護權，BNY Mellon處理Dogecoin ETF

Coinbase Custody Trust Company will serve as the custodian for the proposed Dogecoin ETF, ensuring secure storage of DOGE holdings, as per the filing.

Coinbase監護信託公司將作為擬議的Dogecoin ETF擔任託管人，並根據文件確保安全存儲Doge Holdings。

Meanwhile, BNY Mellon will oversee administrative and transfer agent duties for the ETF. The bank's involvement is another sign of traditional finance's increasing interest in crypto.

同時，BNY Mellon將監督ETF的行政和轉移代理職責。該銀行的參與是傳統金融對加密貨幣越來越興趣的另一個跡象。

The filing also highlights Dogecoin’s utility in payments, noting that DOGE can be used to buy goods and services or be exchanged for fiat currencies on various trading platforms. Additionally, DOGE plays a role in incentivizing miners for transaction verification on the Dogecoin network.

該文件還強調了Dogecoin在付款方面的效用，並指出Doge可用於購買商品和服務或在各種交易平台上換成法定貨幣。此外，Doge在激勵礦工進行Dogecoin網絡上的交易驗證方面發揮了作用。

SEC Review Timeline for Dogecoin ETF Approval

SEC回顧Dogecoin ETF批准的時間表

The 19b-4 filing is a crucial step in getting regulatory approval for new exchange-traded funds (ETFs). After its publication in the Federal Register, the SEC has 45 days to review the proposal and either approve, deny, or extend the decision period to 90 days.

19b-4申請是獲得新交易所交易基金（ETF）的監管批准的關鍵步驟。 SEC在聯邦公報上發布後有45天的時間來審查該提案，並批准，否認或將決定期延長至90天。

If extended, the SEC must provide a justification, or NYSE Arca must agree to the additional review period.

如果延長，SEC必須提供理由，或者NYSE ARCA必須同意額外的審查期。

Bloomberg Analyst Reacts to Grayscale’s Unprecedented Move

彭博分析師對灰度的前所未有的舉動做出反應

Bloomberg ETF analyst Eric Balchunas expressed surprise at Grayscale’s strategy, stating:

彭博ETF分析師埃里克·巴爾庫納斯（Eric Balchunas）對格雷斯卡（Grayscale）的策略表示驚訝：

“I’ve never seen a trust launch and then try to convert to an ETF on the same day.”

“我從未見過信任發布，然後嘗試在同一天轉換為ETF。”

Grayscale’s move to simultaneously launch and seek ETF conversion reflects its aggressive push into the crypto ETF market. The company has also filed for ETFs linked to XRP, Litecoin, and Solana, further expanding its footprint in the space.

Grayscale同時推出和尋求ETF轉換的舉動反映了其對加密ETF市場的積極推動。該公司還向與XRP，Litecoin和Solana相關的ETF提出了申請，進一步擴大了其在該領域的佔地面積。

With multiple firms now actively pursuing Dogecoin ETFs, the regulatory response in the coming months will be closely watched by investors and institutions.

隨著多家公司現在積極追求Dogecoin ETF，投資者和機構將密切關注未來幾個月的監管響應。