TLDR:
- Bitvis Asset Management has submitted an application for a Dogecoin ETF to Sec, after their registration of a Delaware Trust last week
- The proposed ETF would track Dogecoin, currently traded at $ 0.32 and the eighth largest Cryptocurrency after market case
- Digital asset -based funds have attracted over $ 4 billion in investments in 2025 according to coin shares
- Market analysts predict potential significant price movements for dogecoin, with some forecast prices over $ 2
Bit by bit Asset Management, a leading investment company for Cryptocurrency, has taken concrete action Against launching the first Dogecoin Exchange-Traded Fund (ETF) in the United States. The company submitted its application to federal supervisory authorities on Tuesday, after registering a statutory confidence in Delaware last week.
The proposed ETF would enable investors to gain exposure to Dogecoin’s price movements through traditional investment accounts. Dogecoin is currently ranked as the eighth largest Cryptocurrency by market value and trade at $ 0.32.
This development comes when digital asset -based investment vehicles continue to attract significant capital. According to a recently completed coin share report, cryptofocial funds have already drawn more than $ 4 billion in investments in the first weeks of 2025.
The basis for Dogecoin ETF was laid when Bitwise registered “Bitwise Dogecoin ETF” as a statutory confidence through CSC Delaware Trust Company in Wilmington. This legal structure serves as the basis for the company’s formal application to Securities and Exchange Commission (SEC).
If approved, Dogecoin ETF would go with Bitwise’s existing crypto investment products, including their Bitcoin ETF and Ethereum ETF, which are already shopping for American stock exchanges. The company has also submitted applications for Solana and XRP-based ETFs.
The control environment for Cryptocurrency -investment products has been developed especially in recent months. Sec-approved Bitcoin and Ethereum-based ETFs in early 2024 and opened the door for institutional investors to enter the digital asset market through regulated vehicles.
The marketing activity around Dogecoin has remained active, with Cryptocurrency that reached a three-year highest of $ 0.475 in November 2024. This peak coincided with increased social media activities from Elon Musk regarding his Doge initiative.
SEC usually takes 45 days to make a first decision on ETF applications, although this period can be extended several times up to 240 days from the filing date. This timeline proposes that a decision on Dogecoin ETF may come as early as March 2025.
Market analysts have shared different predictions For Dogecoin ‘s price track. Some technical analysts suggest potential price movements over $ 2, based on historical designs and market indicators.
The Cryptocurrency market has seen increased institutional participation after the approval of Bitcoin and Ethereum ETFs. This trend has encouraged asset managers to explore investment vehicles for other digital assets.
Several other issuers have followed Bitwise’s management and submitted applications for ETF based on various Cryptocurrencies, including official Trump, Bonk, And Hbar. This diversification reflects a growing interest in Cryptocurrency investment products in addition to the most important assets.
Bitwise’s move comes as traditional financial institutions continue to expand its digital asset offers. The company’s experience with existing crypto -etfs places it as a remarkable player in the developing landscape for regulated Cryptocurrency investments.
At present, investors who seek exposure to Dogecoin must either buy Cryptocurrency directly through exchanges or invest in related products. An ETF would provide a regulated alternative through traditional broker accounts.
The timing of Bitwise’s application coincides with broader changes in the regulatory landscape under the new Sec-leadership under President Trump’s administration, which some market observers suggest may lead to more approvals for crypto-based investment products.
