The fund will hold Dogecoin directly, with custody provided by Coinbase, and listing is expected on NYSE Arca.
Bitwise is moving closer to launching the first U.S. spot Dogecoin exchange-traded fund (ETF), after making a regulatory change that could significantly shorten the approval timeline. The firm has modified its filing in a way that could allow trading to begin in roughly three weeks — unless the U.S. Securities and Exchange Commission (SEC) steps in to delay it.
The move came to light on November 6, after Bloomberg ETF analyst Eric Balchunas highlighted the updated filing in a post on X.
Bitwise updated its S-1 registration by withdrawing the “delaying amendment” that typically pauses ETF filings while awaiting explicit SEC approval. By switching to the Section 8(a) route under the Securities Act, the filing will automatically take effect after 20 days.
This approach doesn’t require a formal green light from the SEC — trading can begin once the countdown ends, unless regulators decide to step in before the timer runs out. Balchunas described the move as a strategic bet that the SEC either won’t act quickly or may be comfortable letting the ETF move forward.
Based on the filing date, the earliest potential launch window falls around November 26.
If approved by default, the ETF will hold Dogecoin directly, rather than using futures contracts. Key elements of the structure include Coinbase custody, which will store the DOGE holdings, cash assets managed by BNY Mellon and pricing that tracks Dogecoin using the CF Dogecoin-Dollar Settlement Price.
Bitwise has not yet disclosed the fund’s ticker symbol or management fee. The product is expected to be listed on the NYSE Arca.
What was once perceived as a novelty is now attracting genuine institutional attention. The REX-Osprey DOGE ETF hit the market in September 2025, and more issuers have since revised filings — often with competitive fee structures.
Bloomberg analysts now estimate a 90%+ chance that multiple spot Dogecoin ETFs will be trading before the end of the year. The momentum follows the SEC’s increasingly permissive stance toward single-asset crypto ETFs, including those tied to Bitcoin, Ethereum, and Solana.
