Bitwise Takes First Step Toward Issuing Potential Dogecoin ETF

Representative of a physical Dogecoin token (Credit: Kanchanara/Unsplash)

KEY POINTS

• Bitwise still needs to file with the SEC and get approval before it can issue a Dogecoin ETF
• REX Shares filed with the SEC Tuesday to issue three memecoin ETFs, including a $DOGE ETF
• Bitwise is an issuer of a spot Bitcoin ETF and also has an Ethereum ETF

Asset manager Bitwise Asset Management has taken the first step toward issuing a Dogecoin (DOGE) exchange-traded fund (ETF), a day after REX Shares filed with the U.S. Securities and Exchange Commission (SEC) to issue a DOGE ETF.