Hold onto your 🍕, folks! Bitwise has unleashed a legal hound 🐾, registering a Dogecoin ETF entity, sparking whispers of an SEC filing that could make 🐶 history. The news sent DOGE soaring to $0.373, only to land gracefully at $0.36, like a well-trained pup. 🌈✨
Bitwise’s Paws on the Dogecoin ETF Leash 🏎️
Delaware’s corporate registry reveals Bitwise’s new creation: “BITWISE DOGECOIN ETF.” Not quite the SEC filing yet, but it’s wagging its tail in anticipation. 🐶👀
Legal structures are the dog parks of ETFs; they romp around before the real fun begins. Expect Bitwise to fetch that Form S-1 and toss it into the SEC’s yard any day now, making Dogecoin the newest kid on the crypto ETF block. 🚀🐾
Bloomberg’s ETF guru, Eric Balchunas, barked his approval, reassuring us it’s legit and not just a bone thrown to stir up the market 🐶💰. He even hinted at a possible DOGE ETF debut by April 2025, if the SEC doesn’t roll over. 📅💼
Stay Tuned, This Story’s Got More Tricks Up Its Sleeve!
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2025-01-23 02:39