In a bold move that’s turning heads across the crypto landscape, Bitwise has kicked off the approval process for its spot Dogecoin ETF by removing a “delaying amendment” from its S-1 registration. This triggers an automatic 20-day countdown under Section 8(a) of the Securities Act. Clock’s ticking. Unless the SEC steps in to pump the brakes, we could see a Dogecoin ETF hitting markets as early as November 26, 2025.
It’s a perfectly legal maneuver, though not exactly common. Bitwise is fundamentally telling the SEC, “We’re ready to go, stop us if you dare.” Bloomberg ETF analyst Eric Balchunas has called it the “letting the clock run” method. Pretty gutsy.
The planned ETF isn’t some paper-trading gimmick. It’ll hold actual Dogecoin, with Coinbase Custody managing the DOGE and BNY Mellon handling cash components. The mixed market sentiment remains evident in technical indicators despite the ETF filing optimism. The fund aims to track the CF Dogecoin-Dollar Settlement Price index and will list on NYSE Arca. Unlike Bitcoin’s market dominance, Dogecoin remains a higher-risk altcoin investment option. No word yet on ticker or fees—those details are still under wraps.
Timing isn’t random. The crypto ETF floodgates have opened recently with approvals for Solana, Litecoin, and Hedera products. Bloomberg analysts are projecting a 90% or higher likelihood that multiple Dogecoin ETFs will be trading by year-end. Bitwise isn’t alone in the race; Grayscale has also amended their Dogecoin filings to start similar approval countdowns.
Funny thing is, while ETF news usually pumps prices, DOGE has actually been struggling. Whales dumped over a billion DOGE (roughly $440 million) recently, sending prices down about 11%. Trading near $0.164, it’s broken through support levels and needs to climb back above $0.188 to look remotely bullish.
Bitwise clearly smells opportunity. Their Solana Staking ETF recently pulled in $69 million within 24 hours of launch. With competitors like REX-Osprey already pushing their own Dogecoin ETF (DOJE), the race is on.
Twenty days. That’s all it might take. Unless the SEC decides to play party pooper.
