Imagine for a moment, dear reader, that the bureaucratic red tape is unraveled by a mere flick of the wrist. And that wrist is wielded by none other than the Bitwise wizards, with a dash of SEC compliance. Thus, a spot Dogecoin exchange-traded fund is nigh upon us!
- Behold, Bitwise has employed a filing spell to whisk the spot Dogecoin ETF to life in a mere 20 days. 🪄
- Should the SEC dawdle, the ETF shall proceed with the inevitability of time itself.
- The vessel crafted to carry Dogecoin (yes, the real DOGE) shall anchor at the esteemed NYSE Arca. 📈
On the seventh of November, as recorded by the metallic quill of Bloomberg’s oracle, Eric Balchunas, on the electronic scrolls of X, a revelation was made. Bitwise, in a move more cunning than a fox with Bitcoins, altered its filing under the mystical Section 8(a) of the Securities Act.
They Adjusted Sworn Parchments…
What manner of sorcery is this, you ask? By removing the “delaying amendment,” the company has essentially declared “move over, SEC, and let the clock tick!” This enchantment means the Securities and Exchange Commission must express its will within twenty sunrises and sunsets, lest the ETF becomes alive miraculously. Balchunas himself noted this maneuver as letting “the 20-day timer roll” – a delightful turn of phrase worthy of applause!
Appears Bitwise is utilizing the 8(a) strategy for their spot Dogecoin ETF, setting it to activate in 20 days – barring any psychic intervention from the SEC.
– Eric Balchunas (@EricBalchunas) November 6, 2025
One could argue, this isn’t the park stroll usually described for ETF approvals, yet it remains a path through the garden labyrinth. The agency need not proclaim its acceptance formally. If the stars align correctly, this ETF is to be born around the 26th of November, as if by celestial design.
The Potion’s Ingredients
Within this mystical fund, the solemn Dogecoin will reside grandly, under the watchful eye of Coinbase Custody. Coin and paper will find their home with BNY Mellon. This phantasmagoric creation is crafted to mirror DOGE’s mystical spot price using the ritual of ’CF Dogecoin-Dollar Settlement Price’. The insignia and stewardship gelt remain cloaked in mystery for now, yet whispers suggest NYSE Arca as their dwelling place.
This spectacle occurs when the once joke currency of Dogecoin steps forth valiantly into the markets, no longer a jest but a creature of investment vanity. The trailblazer, REX-Osprey DOGE ETF, has already unfurled its banners. As the stars whisper tales to the west, Bloomberg scribes speak highly of multiple ETFs frolicking by year’s end, with probability soaring above 90% – a heartening tale indeed, fueled by the SEC’s new kindness and recent chants of single-asset crypto approvals.
Read More
- CNY JPY PREDICTION
- EUR HUF PREDICTION
- Is Bitcoin Playing Hard to Get? The Saucy Saga of Crypto’s Quiet Stage 🎩💼
- Launch Your Crypto Wallet Without the Headaches – Here’s How! 🤑
- XMR PREDICTION. XMR cryptocurrency
- CRV PREDICTION. CRV cryptocurrency
- ETH vs BTC: The Tortoise 🏎️ Finally Outruns the Hare? 🐢
- EUR MXN PREDICTION
- Gold Rate Forecast
- Bitcoin Queen’s Spectacular Fall: £5.5B Scam Bust! 😏👑💰
2025-11-07 08:48