DOGE’s Path to Mainstream Adoption: Bitwise’s Updated ETF Filings Highlight Regulatory Progress

Bitwise Asset Management's amended filings for spot Dogecoin (DOGE) and Aptos ETFs signal a significant step forward in regulatory progress for cryptocurrency ETFs. According to Bloomberg Senior ETF Analyst Eric Balchunas, the improved engagement between issuers and the SEC contrasts sharply with the contentious dynamics observed during Bitcoin ETF approvals. The revised applications now include in-kind creation mechanisms—a structure preferred by regulators—which is seen as a bullish indicator for the future of crypto ETFs. This development suggests growing institutional confidence and could pave the way for broader mainstream adoption of DOGE and other digital assets. As of June 2025, the crypto community remains optimistic about the potential approval of these ETFs, which could further legitimize cryptocurrencies in traditional finance.

Bitwise's Updated Dogecoin and Aptos ETF Filings Signal Regulatory Progress

Bitwise Asset Management's amended filings for spot Dogecoin and Aptos ETFs indicate accelerating momentum toward crypto ETF approvals. Bloomberg Senior ETF Analyst Eric Balchunas notes improved issuer-SEC engagement, contrasting with the adversarial dynamic seen during Bitcoin ETF deliberations. The revised applications feature in-kind creation mechanisms—a structure favored by regulators and interpreted as a bullish signal for broader crypto ETF adoption.

Approval timelines appear compressed compared to previous cycles. Balchunas projects a two-to-four month window for Dogecoin, Aptos, and other altcoin ETF clearances, likely processed in staggered batches. "The SEC's posture has fundamentally shifted," he observes. "Dialogue now centers on operational collaboration rather than obstruction."

Dogecoin Stabilizes Near 16-Cent Support After 6% Decline

Dogecoin found footing at $0.158 following a 6% intraday drop, as traders capitalized on the dip amid broader market volatility. The memecoin's late-session rebound coincided with 229 million Doge changing hands in a single hour, suggesting speculative interest remains resilient despite geopolitical headwinds.

Global risk assets continue to wrestle with shifting monetary policy expectations and Middle East tensions. While DOGE mirrored the crypto market's risk-off tone early in the session, its ability to hold support at $0.158 has technical traders monitoring for a potential bounce. The asset traded between $0.167 and $0.158 before closing at $0.161, up 1.4% in the final hour.

Social media chatter and historical price patterns are fueling divided opinions on whether this represents a dead-cat bounce or sustainable recovery. What's undeniable is that dogecoin remains a weathervane for retail crypto sentiment - when DOGE sneezes, the altcoin market catches cold.

Bitwise Advances Spot Dogecoin ETF Bid with Amended SEC Filing

Bitwise Asset Management has amended its S-1 filing for a spot Dogecoin ETF, signaling active engagement with regulators. The revised proposal includes in-kind creation/redemption mechanisms—a feature Bloomberg Intelligence analyst Eric Balchunas now believes has '90%+ approval odds' for all spot crypto ETFs.

Despite the regulatory progress, DOGE remains muted at $0.162 (-1.8% daily). The ETF race intensifies as 21Shares and Grayscale pursue similar products, potentially unlocking institutional demand for the meme coin.