位dogecoin（doge）ETF的钻头文件S-1形式

基本上，提交S-1是在新ETF启用市场之前与SEC进行多管齐下过程的第一步。

Bitwise, a leading cryptocurrency asset manager, has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for a spot Dogecoin (CRYPTO: DOGE) exchange-traded fund (ETF).

领先的加密货币资产经理Bitwise已向美国证券交易委员会（SEC）提交了S-1表格，该表格（SEC）是一个现货Dogecoin（Crypto：Doge）交易所交易基金（ETF）。

The asset management firm filed the form with the SEC on Tuesday, calling the fund the Bitwise Dogecoin ETF. An S-1 is an SEC form that the Wall Street regulator requires for new securities that U.S.-based companies want to issue.

资产管理公司周二向SEC提起了该表格，称该基金为Bitwise Dogecoin ETF。 S-1是华尔街监管机构为美国公司想要发行的新证券所需的SEC表格。

Filing an S-1 is the first of several steps with the SEC before a new ETF goes live in the market.

提交S-1是在新ETF启用市场之前与SEC的几个步骤中的第一步。

Bitwise Took First Step Last Week

钻头上周迈出了第一步

Bitwise took the first of several steps toward issuing a crypto ETF last week, when it filed an entity with the State of Delaware for a potential Dogecoin ETF.

上周，Bitwise采取了几个步骤中的第一个步骤，当时它向特拉华州提出了一个潜在的Dogecoin ETF的实体。

Matt Hougan, Bitwise's chief investment officer, told the Financial Times after the Delaware filing that the asset manager has been monitoring the top meme coin's movements.

Bitwise的首席投资官Matt Hougan在特拉华州文件后对《金融时报》表示，资产经理一直在监视模因硬币的最高动作。

"The reality is that there are a lot of people that want to invest in Dogecoin. It's the sixth-largest crypto asset in the world by market cap and it trades over $1bn a day," Hougan said.

Hougan说：“现实情况是，有很多人想投资Dogecoin。这是全球第六大加密货币资产，每天超过10亿美元。”

"We don't think all cryptocurrencies are suitable for ETFs. There are corners of the crypto market that are not liquid enough, that are subject to manipulation and are subject to insider control that are not suitable for an ETP (exchange-traded product)."

“我们并不认为所有加密货币都适合ETF。加密货币市场的角落不够液体，可能会受到操纵的约束，并且受内部控制的控制，并且不适合ETP（交换货运产品） 。”

Dogecoin is the sixth-largest cryptocurrency by market cap and is recognized as the first meme token. It was created in 2013 by software engineers Billy Markus and Jackson Palmer, who set out to create a fun and lighthearted cryptocurrency that would appeal to a broad audience.

Dogecoin是市值第六大加密货币，被认为是第一个模因令牌。它是由软件工程师Billy Markus和Jackson Palmer于2013年创建的，他们着手创造有趣而轻松的加密货币，这将吸引广泛的受众。

The meme coin is up 0.8% over the past 24 hours. It was trading at $0.14 by 6:10 a.m. ET on Wednesday.

在过去的24小时内，模因硬币上涨了0.8％。到周三美国东部时间上午6:10，它的交易价格为0.14美元。

Bitwise Highlights DOGE's Key Factors

钻头突出显示了多奇的关键因素

In its SEC S-1 filing, Bitwise highlighted the following key factors that make the DOGE meme coin stand out from other crypto assets:

在其SEC S-1文件中，Bitwise强调了以下关键因素，这些因素使Doge Meme Coin在其他加密资产中脱颖而出：

"DOGE is a decentralized cryptocurrency that was created in 2013 and is widely recognized as the first-ever meme token," the SEC filing states.

SEC申请指出：“ Doge是一种分散的加密货币，于2013年创建，被广泛认为是有史以来第一个模因令牌。”

"The meme coin is created through a process known as Proof-of-Work, which involves powerful computers solving complex mathematical equations to validate transactions and generate new blocks in the blockchain."

“模因硬币是通过称为工作证明的过程创建的，该过程涉及解决复杂的数学方程式的强大计算机来验证交易并在区块链中生成新块。”

"DOGE is known for its fast transaction speeds and low fees, making it a suitable option for everyday payments and transactions."

“ Doge以其快速交易速度和低费用而闻名，使其成为日常付款和交易的合适选择。”

"The meme coin has a vast and engaged online community that contributes to its popularity and liquidity."

“模因硬币拥有一个广阔而敬业的在线社区，这有助于其流动性和流动性。”

"DOGE is among the top-performing cryptocurrencies in the market, ranking sixth by market capitalization with a total market cap of over $48 billion."

“马诺是市场上表现最佳的加密货币之一，在市值中排名第六，总市值超过480亿美元。”

"The meme coin trades over $1 billion in daily volume, making it one of the most liquid crypto assets in the world."

“模因硬币的每日销量超过10亿美元，使其成为世界上最流动的加密资产之一。”

"DOGE is listed on several major cryptocurrency exchanges and is also available for purchase through various brokers and platforms."

“ Doge已在几个主要的加密货币交易所上列出，也可以通过各种经纪人和平台购买。”

"The meme coin is subject to price fluctuations and market conditions, and its value can change rapidly."

“模因硬币受到价格波动和市场状况的影响，其价值可能会迅速变化。”

"Investors should carefully consider their investment goals, risk tolerance, and financial situation before investing in any cryptocurrency or ETF."

“投资者应在投资任何加密货币或ETF之前仔细考虑其投资目标，风险承受能力和财务状况。”

"ETFs are a type of investment fund that tracks a specific index, sector, commodity, or other asset and trades on exchanges like stocks."

“ ETF是一种类型的投资基金，它可以跟踪特定指数，行业，商品或其他资产以及股票等交易所的交易。”

"ETFs offer several benefits, including lower costs, diversification, and professional management compared to investing directly in individual assets."

“与直接投资个人资产相比，ETF提供了几种好处，包括较低的成本，多元化和专业管理。”

"Several asset managers and companies have filed for crypto ETFs in recent months, and the SEC is yet to approve any of these applications."

“最近几个月，几家资产经理和公司已向加密ETF申请，SEC尚未批准任何这些申请。”

"There are high hopes and anticipation among crypto enthusiasts for the approval of a DOGE ETF this year."

“加密爱好者对今年的Doge ETF的批准充满希望和期待。”

Balchunas: Bitwise Filing First Of Its Kind

Balchunas：首先提交的位归档

Bloomberg senior ETF analyst Eric Balchunas noted that Bitwise's filing is the first of its kind in terms of filings under the "'33 Act (a la $IBIT)."

彭博社高级ETF分析师埃里克·巴尔库纳斯（Eric Balchunas）指出，根据“ 33 Act（a la $ ibit），BITWISE的申请”是同类文件中的第一个。

"REX Shares filed for a Dogecoin ETF but it is under the 1940 Act, and that isn't the same true blue physically backed structure," Balchunas explained.

Balchunas解释说：“雷克斯（Rex）分享了为Dogecoin ETF申请的，但它是根据1940年的法案，而这与真正的蓝色物理背景结构并不是相同的。”

The Securities Act of 1993, often called the '33 Act, is historical legislation that marked the official start of federal securities regulation in the U.S, whereas the Securities Act of 1940 is legislation that prevents fraudulent activities around wealth management, investing, and other similar factors of the financial realm.

1993年的《证券法》（Securities Act）通常称为'33法案，是历史立法，标志着美国联邦证券监管的正式开始，而1940年的《证券法》是阻止财富管理，投资和其他类似类似活动的欺诈活动的立法财务领域的因素。

Chances Of A DOGE ETF Increase To 57%

Doge ETF的机会增加到57％

Following news of Bitwise's S-1 filing, cryptocurrency bettors on decentralized market prediction platform Polymarket raised the chances of a Dogecoin ETF being approved sometime this year to 0.57, up from 0.26 earlier this month.

在BITWISE的S-1备案发布后，分散的市场预测平台Polymarket上的加密货币投注者增加了今年某个时候批准Dogecoin ETF的机会，达到了0.57，高于本月早些时候的0.26。