Bitwise has taken a key step that could bring its proposed spot Dogecoin ETF to market in roughly three weeks.
Bloomberg ETF analyst Eric Balchunas highlighted the development on Nov. 7 in a post on X.
What’s new in the spot Dogecoin ETF filing
Bitwise updated its S-1 registration by removing a “delaying amendment” through a process under Section 8(a) of the Securities Act. Simply put, this means the filing is set to automatically take effect after 20 days, unless the Securities and Exchange Commission intervenes to pause or delay it.
This isn’t the typical route for ETF approval, but it’s fully permitted. The SEC doesn’t have to issue a formal green light for the ETF to begin trading if the 20-day period expires. Balchunas described it as letting the timer run, a strategy some firms use when they expect the SEC is unlikely or unable to act quickly.
If the timeline holds, the earliest effective date could be around Nov. 26.
What the ETF holds
The fund would hold Dogecoin directly, with tokens stored via Coinbase Custody, while cash assets would be managed by BNY Mellon. It is designed to track DOGE’s spot price using the CF Dogecoin-Dollar Settlement Price. The ticker symbol and management fee have not yet been disclosed, but the ETF is expected to list on NYSE Arca.
This development comes as Dogecoin ETFs transition from a niche concept into a legitimate investment category. The REX-Osprey DOGE ETF launched in September 2025, and several issuers have followed suit with revised filings and fee reductions, signaling growing interest behind Bitwise.
Bloomberg analysts currently estimate the odds of multiple Dogecoin ETFs trading by year-end at over 90%, given the SEC’s more open stance and recent approvals of other single-asset crypto products.
