BREAKING: Important Development for Potential Dogecoin (DOGE) Spot ETF

Bitwise, one of the companies that owns the Bitcoin Spot ETF, has filed an S-1 for its Dogecoin ETF.

The filing of an S-1 by Bitwise for the Dogecoin ETF does not mean that the ETF has been approved yet.

An S-1 is a regulatory filing form filed with the U.S. Securities and Exchange Commission (SEC) as part of the registration process for a new financial product, such as an ETF (Exchange Traded Fund). It contains detailed information about the proposed ETF, including its structure, purpose, investment strategy, and potential risks.

Following filing, the SEC reviews the S-1 to determine whether the ETF complies with applicable securities laws.

The SEC may request clarification, request changes, or raise concerns about the proposal. The approval process can take months, and in some cases, the SEC may reject the application entirely or delay the decision.

*This is not investment advice.