世界上最受認可的Memecoin即將進入ETF傘

紐約證券交易所ARCA已正式向美國證券交易委員會（SEC）（SEC）正式提出了19b-4請求，以尋求許可以列出和交易位於Dogecoin ETF。

The world’s most recognized memecoin is reportedly set to come under the ETF umbrella.

據報導，世界上最受認可的紀念物將屬於ETF傘。

NYSE Arca has officially filed a 19b-4 request with the U.S. Securities and Exchange Commission (SEC) seeking permission to list and trade the Bitwise Dogecoin ETF. If approved, the product would be one of the first U.S.-listed Dogecoin-focused exchange-traded funds, offering regulated access to a token that began as an internet parody but has evolved into a multibillion-dollar digital asset.

紐約證券交易所ARCA已正式向美國證券交易委員會（SEC）（SEC）正式提出了19b-4請求，以尋求許可以列出和交易位於Dogecoin ETF。如果獲得批准，該產品將是最早以dogecoin為中心的交易所交易的資金之一，它可以從互聯網模仿開始，但已演變為數十億美元的數字資產。

The New York Stock Exchange subsidiary submitted a formal proposal—known as a 19b-4—asking the SEC to consider rule changes that would allow for Bitwise’s ETF to be listed under NYSE Arca Rule 8.201-E, which governs Commodity-Based Trust Shares.

紐約證券交易所的子公司提交了一項正式建議（稱為19b-4），要求SEC考慮規則更改，該規則將允許Bitwise的ETF根據NYSE ARCA規則8.201-E列出，該規則管理基於商品的信託股票。

“Pursuant to the provisions of Section 19(b)(1) of the Securities Exchange Act of 1934, as amended (the ‘Act’ or ‘34 Act’) and Rule 19b-4 thereunder, NYSE Arca, Inc. (‘NYSE Arca’ or ‘Exchange’), proposes to list and trade shares of the Bitwise Dogecoin ETF (the ‘Trust’) under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares),” the filing reads.

“根據1934年《證券交易法》第19（b）（1）條的規定，修正（《法案》或《 34法》）和規則19B-4，紐約證券交易所（NYSE ARCA）（'NYSE ARCA'或'NYSE ARCA'或'Exchange'）提議列出dogecoin Etf（'Nyse eTf（'Nyse of the Trust''' s。

Bitwise initially signaled its intentions in late January by filing an S-1 registration form with the SEC, detailing its plan to launch a Dogecoin ETF. Now, the 19b-4 filing is the next critical step, allowing the SEC to begin a formal review period.

Bitwise最初通過向SEC提交S-1註冊表格，在1月下旬提出了其意圖，詳細介紹了其啟動Dogecoin ETF的計劃。現在，19b-4申請是下一個關鍵步驟，允許SEC開始正式的審查期。

One of the standout elements of Bitwise’s proposal is the institutional infrastructure in place. Coinbase Custody will serve as the custodian for the fund’s DOGE holdings, ensuring the cryptocurrency is securely managed. Meanwhile, the Bank of New York Mellon (BNY Mellon) will reportedly handle cash custody, administration, and record-keeping, tying the fund to traditional financial institutions.

Bitwise提議的傑出要素之一是製度基礎設施。 Coinbase監護權將作為基金Doge Holdings的託管人，以確保對加密貨幣進行安全管理。同時，據報導，紐約梅隆銀行（BNY Mellon）將處理現金監護，管理和記錄保存，將基金與傳統金融機構聯繫在一起。

The ETF is designed to use cash creations and redemptions, meaning investors will not be able to contribute or receive DOGE directly. According to the filing, the fund will track the price of Dogecoin using the CF Dogecoin-Dollar Settlement Price, a pricing benchmark that calculates a daily Net Asset Value (NAV) closely reflecting the token’s market value.

ETF旨在使用現金創造和贖回，這意味著投資者將無法直接貢獻或接收Doge。根據文件，該基金將使用CF Dogecoin-allar和解價格跟踪Dogecoin的價格，這是一個定價基準，該基準計算出每日淨資產價值（NAV），可密切反映代幣的市場價值。

Bitwise is not the only firm applying for a Dogecoin ETF. Grayscale and Rex Shares have also submitted proposals for similar products. Notably, Grayscale’s DOGE ETF filing has already been acknowledged by the SEC, a key milestone in the approval process.

Bitwise不是唯一申請Dogecoin ETF的公司。 Grayscale和Rex股票還提交了針對類似產品的建議。值得注意的是，SEC已承認灰度的Doge ETF申請，這是批准過程中的關鍵里程碑。

With Grayscale’s filing now acknowledged, the regulator has officially begun a countdown to review and make a decision, placing potential final decision window around mid-October.

隨著Grayscale的文件現在得到確認，監管機構已正式開始倒計時以進行審查並做出決定，並在10月中旬左右放置了潛在的最終決策窗口。

As the SEC weighs these proposals, market observers have become increasingly optimistic that 2025 could see the approval of a Dogecoin ETF. According to prediction markets, the odds have climbed substantially in recent weeks.

當SEC權衡這些建議時，市場觀察者已經越來越樂觀，認為2025年可以看到Dogecoin ETF的批准。根據預測市場，最近幾週的機率大大增加。

Bloomberg analysts have also weighed in, suggesting the chance of any Dogecoin ETF approval could be as high as 75%.

彭博分析師也加入了權衡，這表明任何狗狗ETF批准的機會可能高達75％。