đ Spot DOGE ETF Inches Closer to Reality as Bitwise Refreshes SEC Filing
Wall Street's meme-stock energy just went crypto. Again.
The DOGE ETF Playbook
Bitwise just amended its spot Dogecoin ETF filingâbecause nothing says 'serious financial instrument' like a Shiba Inu mascot. The move signals growing institutional appetite for the joke-turned-juggernaut, with traders now eyeing potential SEC approval timelines.
Regulatory Roulette
This comes as the SEC chair continues his tightrope walkâgreenlighting Bitcoin ETFs while side-eyeing memecoins. The filing refresh suggests Bitwise smells blood in the regulatory water, though cynics note the agency moves at two speeds: glacial and reverse.
The Bigger Picture
If approved, a DOGE ETF would complete crypto's revenge tourâturning the asset class Wall Street mocked into one it can't ignore. Just don't expect the suits to understand why Elon's tweets still move markets. Some things even a prospectus can't explain.