Bitwise Dogecoin ETF Boosted by Positive Momentum From Trump
Crypto asset management firm Bitwise has taken initial steps toward launching the Bitwise Dogecoin ETF.
| Key Takeaways: – Bitwise Dogecoin ETF has been filed for legal entity registration in Delaware, marking a key preparatory step before an official SEC filing. – Donald Trump’s second term has sparked hopes for a favourable regulatory environment, with Osprey Funds also filing for multiple crypto ETFs. |
The company has filed for the establishment of a legal entity, the “Bitwise Dogecoin ETF,” through Delaware’s corporate registry. While not yet an official filing with the U.S. Securities and Exchange Commission (SEC), this marks a significant move in the preparatory phase for the ETF, which typically involves creating a legal structure and eventually filing a Form S-1 with the SEC.
The timing of this development coincides with shifting political dynamics in the United States. With Donald Trump commencing a second term as president, optimism is growing within the cryptocurrency community about a potentially more favourable regulatory environment.
Osprey Funds recently submitted filings for multiple ETFs, including those for Dogecoin, Solana, Ethereum, Bitcoin, XRP, Bonk, and even a “Trump token.”
Adding to the intrigue, the Dogecoin logo has appeared on the website of the newly formed U.S. Department of Government Efficiency (D.O.G.E.), an agency established through an executive order signed by President Trump on January 20, 2025.
| Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |
