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International Business Times
International Business Times
Business
Marvie Basilan

BIZARRE: Bitwise takes first step toward issuing potential dogecoin etf - What They Never Told You

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.

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