
A spot dogecoin ETF DOGE may be coming closer to reality.
ETF issuer Bitwise updated a regulatory filing for its dogecoin ETF on Thursday, suggesting approval chances could be growing, according to one expert.
“Bitwise has filed amended S-1s for their spot dogecoin ETF and their spot aptos ETFs," wrote Bloomberg Intelligence's Eric Balchunas. "Good signs as it indicates SEC engagement, and tracks with other spot approvals."
Also noteworthy is the fact that the dogecoin ETF filing was amended to include in-kind redemptions and creations, meaning that the broker-dealers interacting with the ETF can directly trade shares for DOGE tokens, or vice versa.
"Near-lock at this point that in kind will be allowed in spot ETFs across board," Balchunas added.
As of right now, all U.S.-based crypto ETFs must swap their tokens for cash, then swap that cash for shares (or swap the shares for cash, then the cash for tokens), which creates a tax event.
The news isn't helping prices much, with DOGE lower by about 2% over the past 24 hours to $0.16.
21Shares has also filed for a dogecoin ETF, while Grayscale has filed for a dogecoin trust with a 2.5% fee.

The imminent discovery of a Spot DOGE ETF seems poised to reshape the crypto market after Bitwise's strategic amendment in their filing, signaling further adoption and mainstream integration for Dogecoin.

The FDA's recent amendments by Bitwise to their Spot DOGE ETF filing intensify investor anticipation, signaling a potential breakthrough toward the launch of an innovative exchange-traded product that could reshape cryptocurrency market dynamics.

The revised filing by Bitwise signals a closer approach to the anticipated launch of an ETF tied specifically with DOGE, challenging traditional investment conventions and potentially igniting fresh waters in decentralized finance.

Bitwise's revised filing hints at a looming launch of the Spot DOGE ETF, raising expectations for mainstream adoption and transforming $DOGE into an even more prominent player in crypto finance.

The potential approval of a DOGE ETF by Bitwise, after amending their filing to meet regulatory standards enhances the legitimization process for this meme cryptocurrency and may lead investors towards greater adoption.

The revised filing by Bitwise emphasizes the growing momentum behind listing an ETF on DOGE, fueling speculations that a Spot Dogecoin Exchange Traded Fund (ETF) is gearing up for approval.

The imminent amendment by Bitwise in their filing for a Spot DOGE ETF underscores the growing interest and momentum towards launching an exchange-traded fund centered around Dogecoin, paving way to potential new avenues of investment.

The imminent arrival of a Spot DOGE ETF appears more likely with Bitwise's amending filing, launching new opportunities for investors to gain exposure and trade in the world’of Dogecoin.

The amendment by Bitwise in its ETF filing suggests a significant step towards the launch of the Spot DOGE exchange-traded fund, signaling potential growth opportunities for Dogecoin and interest from investors eager to embrace this lighthearted yet promising crypto asset.

With Bitwise's revised filing, the low-key entrance of a Dogecoin ETF appears imminent as tradersawait applications clearing from regulators for this much anticipated cryptocurrency product.

The pending amendment to Bitwise's filing suggests a promising shift towards the potential launch of an Spot DOGE ETF, further advancing crypto adoption and signalling increasing legitimacy for Dogecoin among mainstream investors.

The revised filing by Bitwise signifies a renewed effort towards the potential launch of an ETHEREUM-based DOGE spot ETF, hinting at greater crypto market integration as investment opportunities expand beyond Bitcoin.

Bitwise's adjusted filing hints at the imminent arrival of a DOGE-backed ETF, marking another step forward for mainstream adoption and potential price surges in Spot Doge markets.

In the race for a high-profile DOGE ETF, Bitwise's amended filing suggests ever closer prospects of an imminent Spot DOG token backed exchange traded fund.

Bitwise's revision of its Spot DOGE ETF filing suggests a promising advancement towards the potential launch, fueling excitement and speculation for investors keen on cryptocurrencies.