Will Bitwise’s DOGE ETF Filing Drive Prices Towards New All-Time Highs?

Bitwise Asset Management has filed for a spot DOGE exchange-traded fund (ETF) in the US, hoping to place Dogecoin on par with Bitcoin and Ethereum. This filing relies on Section 8(a), which allows automatic effectiveness after a 20-day period unless intervened by the SEC. The process is moving forward, and analysts like Bloomberg’s Eric Balchunas see this move as aligning market structure for Dogecoin with existing spot funds.