Bitwise officially filed an S-1 registration with the U.S. Securities and Exchange Commission on Tuesday for a spot Dogecoin exchange-traded fund, the Bitwise Dogecoin ETF.

The crypto asset manager on Jan. 22 submitted a registration filing in Delaware for a potential DOGE ETF.

Considered the first memecoin, dogecoin has recently taken on a new life thanks to the establishment of the Department of Government Efficiency under President Donald Trump.

Osprey Funds and Rex Shares have also submitted a proposal for a Dogecoin ETF.

Last week, President Donald Trump signed an executive order to create a working group that will work on developing a federal regulatory framework for digital assets. He also tapped crypto-friendly Paul Atkins to lead the SEC.

The price of doge trades around $0.32 at publication time, according to The Block's DOGE price data. It has a market cap of $47 billion.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

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