{"id":10191,"date":"2025-01-29T00:31:52","date_gmt":"2025-01-29T00:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10191"},"modified":"2025-01-29T00:31:52","modified_gmt":"2025-01-29T00:31:52","slug":"bitwise-files-dogecoin-etf-proposal-cboe-files-solana-etf-applications-for-the-third-time","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10191","title":{"rendered":"Bitwise files Dogecoin ETF proposal, Cboe files Solana ETF applications for the third time"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/cryptoslate.com\/companies\/bitwise\/\">Bitwise<\/a> officially<\/span> <strong><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/2053791\/000121390025007545\/ea0228742-s1_bitwise.htm\">filed<\/a><\/strong><span style=\"font-weight: 400;\"> the S-1 form for its spot Dogecoin (<a href=\"https:\/\/cryptoslate.com\/coins\/dogecoin\/\">DOGE<\/a>) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) on Jan. 28.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, Cboe<\/span> <strong><a href=\"https:\/\/x.com\/JSeyff\/status\/1884354998231769411\">re-filed<\/a><\/strong><span style=\"font-weight: 400;\"> the 19b-4 forms to trade Solana (<a href=\"https:\/\/cryptoslate.com\/coins\/solana\/\">SOL<\/a>) ETFs from <a href=\"https:\/\/cryptoslate.com\/coins\/litecoin\/\">VanEck<\/a>, <a href=\"https:\/\/cryptoslate.com\/companies\/canary-capital\/\">Canary<\/a>, Bitwise, and <a href=\"https:\/\/cryptoslate.com\/companies\/21shares\/\">21shares<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bloomberg ETF analyst <a href=\"https:\/\/cryptoslate.com\/people\/james-seyffart\/\">James Seyffart<\/a><\/span> <strong><a href=\"https:\/\/x.com\/JSeyff\/status\/1884349710665732281\">highlighted<\/a><\/strong><span style=\"font-weight: 400;\"> that the market expected the move from Bitwise as they registered a DOGE trust last week.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He added that this is not a potential \u201cslam dunk\u201d with a chance of definitely getting approval by the SEC. Yet, Seyffart<\/span> <strong><a href=\"https:\/\/x.com\/JSeyff\/status\/1884352224853131598\">stated<\/a><\/strong><span style=\"font-weight: 400;\"> that the regulator\u2019s new administration could treat DOGE-related products differently.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bloomberg senior ETF analyst <a href=\"https:\/\/cryptoslate.com\/people\/eric-balchunas\/\">Eric Balchunas<\/a><\/span> <strong><a href=\"https:\/\/x.com\/EricBalchunas\/status\/1884351102335721671\">highlighted<\/a><\/strong><span style=\"font-weight: 400;\"> Bitwise\u2019s use of the 1933 Act to file for its Dogecoin product. This is the same legislation that <a href=\"https:\/\/cryptoslate.com\/companies\/blackrock\/\">BlackRock\u2019s<\/a> spot <a href=\"https:\/\/cryptoslate.com\/coins\/bitcoin\/\">Bitcoin<\/a> ETF, the <a href=\"https:\/\/cryptoslate.com\/products\/ishares-bitcoin-trust\/\">IBIT<\/a>, came under.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, a 19b-4 form for Dogecoin ETF trading should be filed, which Seyffart<\/span> <strong><a href=\"https:\/\/x.com\/JSeyff\/status\/1884350704640270451\">believes<\/a><\/strong><span style=\"font-weight: 400;\"> will happen soon.\u00a0<\/span><span style=\"font-weight: 400;\">Despite being a memecoin, DOGE is the 8th largest crypto by market cap, priced at $0.32 as of press time per <\/span><i><span style=\"font-weight: 400;\">CryptoSlate<\/span><\/i><span style=\"font-weight: 400;\"> data. It registered nearly $2 billion in trading volume for the past 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitwise CIO <a href=\"https:\/\/cryptoslate.com\/people\/matthew-hougan\/\">Matt Hougan<\/a> recently told the Financial Times that DOGE\u2019s market cap and liquidity justify its inclusion in an ETF.<\/span><\/p>\n<h2><strong>Third try<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Another significant movement in the US crypto ETF landscape was the Cboe re-filings for trading Solana ETFs.\u00a0<\/span><span style=\"font-weight: 400;\">Seyffart<\/span> <strong><a href=\"https:\/\/x.com\/JSeyff\/status\/1884354998231769411\">explained<\/a><\/strong><span style=\"font-weight: 400;\"> that the previous ones, which were Cboe\u2019s second try, were denied.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to a<\/span> <strong><a href=\"https:\/\/cryptoslate.com\/bloomberg-analysts-expects-wave-of-crypto-etfs-next-year-but-some-hurdles-remain\/\">late 2024 prediction<\/a><\/strong><span style=\"font-weight: 400;\">, Seyffart and Balchunas expect Solana ETFs to be approved in the US. However, exchange-traded products tied to assets such as Litecoin (<a href=\"https:\/\/cryptoslate.com\/coins\/litecoin\/\">LTC<\/a>) and Hedera (<a href=\"https:\/\/cryptoslate.com\/coins\/hedera\/\">HBAR<\/a>) will potentially be approved first.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Purpose Investments and 3iQ Digital Asset Management<\/span> <strong><a href=\"https:\/\/x.com\/JSeyff\/status\/1884351611126047170\">filed<\/a><\/strong><span style=\"font-weight: 400;\"> for Solana ETFs in Canada yesterday.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Balchunas<\/span> <strong><a href=\"https:\/\/x.com\/EricBalchunas\/status\/1884354268804833462\">stated<\/a><\/strong><span style=\"font-weight: 400;\"> that Canada will probably beat the US in approving a spot Solana ETF. There is a 35-year trend of the US filing first but being beaten by Canada on launch due to \u201cmore liberal regulators.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, he highlighted that things could be different, as the new SEC administration\u2019s approach to the filings is unclear.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptoslate.com\/bitwise-files-dogecoin-etf-proposal-cboe-files-solana-etf-applications-for-the-third-time\/\">Bitwise files Dogecoin ETF proposal, Cboe files Solana ETF applications for the third time<\/a> appeared first on <a href=\"https:\/\/cryptoslate.com\/\">CryptoSlate<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitwise officially filed the S-1 form for its spot Dogecoin (DOGE) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) on Jan. 28. Additionally, Cboe re-filed the 19b-4 forms to trade Solana (SOL) ETFs from VanEck, Canary, Bitwise, and 21shares. Bloomberg ETF analyst James Seyffart highlighted that the market expected the move from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10191","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10191"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10191\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}