Bitwise filed S-1 for Spot DOGE ETF
Bloomberg ETF analyst Eric Balchunas has confirmed the ETF filing is legit. Bitwise joined Osprey Funds and Rex Shares, who filed for several cryptocurrency ETFs just last week. Do you feel that ETF's can spur Alt-coin season?
Recall, Bitwise already has over $5Billion of assets under management (AUM) and they already filed S-1 forms for Solana and XRP ETFs. Quite the trifecta IF Bitwise garners full ETF approvals.
The SEC is now under new management via a crypto task force led by Commissioner Hester Peirce and SEC acting Chair Mark Uyeda. Do you believe they will be more open to ETF's or only slightly less open?
Would you be tempted by 'In-Kind Redemptions' - which would allow for redemption of shares directly for DOGE or whatever form of ETF you have invested in? This could be a game changer!
Summary
A flurry of ETF filings for SOL, LTC, XRP, DOGE and I am sure I missed a few. All-in-All this sounds like Winning to me!