灰度和位于美国在美国推出dogecoin（Doge）ETF的比赛

随着纽约证券交易所ARCA已向美国证券交易委员会（SEC）提交了19b-4表格，在美国发起Dogecoin ETF的竞赛正在加热。

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.

纽约证券交易所ARCA周一向美国证券交易委员会（SEC）提交了19b-4表格，该表格将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.

最新发展标志着Dogecoin（加密：Doge）作为机构级资产的主流采用迈出了重要一步。

Grayscale and Bitwise Enter the Dogecoin ETF Race

灰度和钻头进入Dogecoin ETF种族

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申请自己的Dogecoin ETF之后的第二天，Grayscale的举动进一步表明了对基于Doge的投资产品的兴趣上升。

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，但是随着机构的采用以及比特币和以太坊ETF的成功，公司现在正在竞争将第一名的Dogecoin ETF推向市场。

Coinbase Custody, BNY Mellon To Handle Dogecoin ETF

Coinbase监护权，BNY Mellon处理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监护信托公司将作为拟议的Dogecoin ETF担任托管人，并根据文件确保安全存储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.

同时，BNY Mellon将监督ETF的行政和转移代理职责。该银行的参与是传统金融对加密货币越来越兴趣的另一个迹象。

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.

该文件还强调了Dogecoin在付款方面的效用，并指出Doge可用于购买商品和服务或在各种交易平台上换成法定货币。此外，Doge在激励矿工进行Dogecoin网络上的交易验证方面发挥了作用。

SEC Review Timeline for Dogecoin ETF Approval

SEC回顾Dogecoin ETF批准的时间表

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申请是获得新交易所交易基金（ETF）的监管批准的关键步骤。 SEC在联邦公报上发布后有45天的时间来审查该提案，并批准，否认或将决定期延长至90天。

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

如果延长，SEC必须提供理由，或者NYSE ARCA必须同意额外的审查期。

Bloomberg Analyst Reacts to Grayscale’s Unprecedented Move

彭博分析师对灰度的前所未有的举动做出反应

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

彭博ETF分析师埃里克·巴尔库纳斯（Eric Balchunas）对格雷斯卡（Grayscale）的策略表示惊讶：

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

“我从未见过信任发布，然后尝试在同一天转换为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同时推出和寻求ETF转换的举动反映了其对加密ETF市场的积极推动。该公司还向与XRP，Litecoin和Solana相关的ETF提出了申请，进一步扩大了其在该领域的占地面积。

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

随着多家公司现在积极追求Dogecoin ETF，投资者和机构将密切关注未来几个月的监管响应。