Coinbase News: NYSE Arca Files to List Bitwise Dogecoin ETF

In a significant development for the cryptocurrency market, NYSE Arca has submitted a proposal to list and trade shares of a Bitwise Dogecoin ETF. Here’s a closer look at what this means for investors and the future of Dogecoin.

NYSE Arca Submits Filing to List Bitwise Dogecoin ETF Shares

NYSE Arca has officially submitted a proposal to list and trade shares of the Bitwise Dogecoin ETF. On March 3, a 19b-4 filing was made with the Securities and Exchange Commission (SEC), setting the stage for potential approval. If given the green light, this would allow the ETF to offer direct exposure to Dogecoin while being traded on a regulated exchange. Coinbase will act as custodian, and BNY Mellon will handle administrative duties. Amid a broader market sell-off, Dogecoin’s price fell over 15%, dropping to $0.19.

Ark Invest Adjusts Portfolio with Coinbase and Tempus AI Buys, Bitcoin ETF Sell-Off

Ark Invest, led by Cathie Wood, conducted significant trading on March 3rd, 2025. The firm invested $8 million in Coinbase Global Inc. (COIN) for its Next Generation Internet ETF (ARKW), showing dedication to cryptocurrency assets. Additionally, Ark sold shares of its ARK 21Shares Bitcoin ETF (ARKB) worth $8.2 million, focusing on high-growth opportunities in AI, healthcare, and crypto sectors while exiting positions in Bitcoin ETF and defense stocks.