Bets Favoring Dogecoin ETF Approval In 2025 Jump After Bitwise’s Delaware Filing—Top Trader Paints Over 4000% Upside For Memecoin (UPDATED)

Editor’s Note: This story has been updated with a response from a Bitwise spokesperson.

Cryptocurrency index fund manager Bitwise Asset Management filed for a Dogecoin (CRYPTO: DOGE) exchange-traded fund on Wednesday, prompting analysts to forecast big returns for the dog-themed meme coin.

What happened: Bitwise submitted the ETF filing to Delaware’s Department of State’s Division of Corporations. The filing was made under the entity name BITWISE DOGECOIN ETF, with CSC Delaware Trust Company listed as the registered agent.

A Bitwise spokesperson told Benzinga that the filing was legitimate. Meanwhile, leading ETF analyst Eric Balchunas also approved the authenticity of the filing on X.

Full story available on Benzinga.com