Bitwise to Launch a DOGE ETF
Bitwise Asset Management has officially registered an entity for a Dogecoin ETF in Delaware, potentially paving the way for future exchange-traded funds centered on the popular meme cryptocurrency.
The firm filed for the “BITWISE DOGECOIN ETF” as a statutory trust on Wednesday through the CSC Delaware Trust Company in Wilmington.
According to a source, Bitwise is currently developing a Dogecoin ETF, but details are limited and confidential at this time.
It is worth noting that the Delaware registration is just the first step towards potentially launching an ETF.