Bitwise has taken a procedural leap that could see its spot Dogecoin ETF go live by late November, signalling a turning point for both regulatory practice and the mainstream acceptance of meme coins.

The asset manager updated its S-1 registration under Section 8(a) of the Securities Act, removing a delaying amendment that kept the fund from automatically becoming effective.

This change started a 20-day countdown, meaning the fund could launch unless the Securities and Exchange Commission (SEC) intervenes.

If unchallenged, the ETF could start trading around 26 November, marking a new milestone in digital-asset regulation.

Filing move reflects growing confidence in SEC approach

The update, noted on 7 November by Bloomberg ETF analyst Eric Balchunas, allows Bitwise to “let the clock run.”

Under Section 8(a), an ETF filing automatically takes effect after 20 days unless the SEC acts to stop or delay it.

This strategy is not common but fully permitted under US securities law.

It indicates that Bitwise is confident the SEC will not act against the fund in time, especially given the agency’s recent approval of several single-asset crypto products.

The regulatory shift suggests that the SEC is becoming more open to digital-asset exposure through tightly monitored instruments such as ETFs.

Inside Bitwise’s Dogecoin ETF structure

The proposed product will hold Dogecoin directly, storing tokens with Coinbase Custody Trust Company, while BNY Mellon will manage its cash reserves.

It is designed to track the CF Dogecoin-Dollar Settlement Price, offering investors direct exposure to the token’s spot performance.

Although Bitwise has not yet disclosed the ticker symbol or management fee, the ETF is expected to list on NYSE Arca.

Its design mirrors that of earlier single-asset crypto ETFs, which blend traditional finance infrastructure with digital-asset markets to provide institutional-grade access to cryptocurrencies.

Dogecoin ETFs move from novelty to serious investment class

Dogecoin, initially launched in 2013 as a light-hearted experiment, has transformed into an investable asset within regulated markets.

The REX-Osprey DOGE ETF, which launched in September 2025, was the first to bring the token into mainstream financial products.

Bitwise’s latest filing follows a broader wave of interest among asset managers.

Several issuers have recently updated or resubmitted their applications, often cutting fees to gain an early competitive edge.

Bloomberg analysts estimate a more than 90 percent chance that multiple Dogecoin ETFs could be trading by the end of the year, supported by the SEC’s gradual acceptance of crypto-based exchange-traded products.

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Bitwise Dogecoin ETF filing starts 20-day SEC countdown for approval

Source: https://coinjournal.net/news/bitwise-dogecoin-etf-filing-starts-20-day-sec-countdown-for-approval/

The first US-listed exchange-traded funds tied to Dogecoin and XRP debuted Thursday with far heavier demand than expected, posting a combined $54.7 million in trading volume.

Bloomberg ETF analyst Eric Balchunas noted that most new ETFs average about $1 million in first-day activity.

“No slouch,” he wrote on X, calling the funds’ debut “a good sign for the onslaught” of pending crypto ETFs awaiting regulatory approval.

Issuers have submitted multiple applications for crypto ETFs, including those linked to speculative altcoins and products incorporating mechanisms such as staking.

XRP ETF posts record opening

The REX-Osprey XRP ETF (XRPR) saw $37.7 million in volume, according to Cboe data, marking the biggest first day for any ETF launch in 2025.

Within its first 90 minutes of trading, XRPR had already taken in $24 million.

$XRPR traded $37.7m on Day One, which edges out $IVES for the biggest day one (natural) $ volume of any 2025 launch. $DOJE is no slouch at $17m, which would be Top 5 for year.. out of 710 launches. Good sign for the onslaught of 33 Act ETFs coming soon.. pic.twitter.com/JaQP9ekFIq

— Eric Balchunas (@EricBalchunas) September 18, 2025

“That is way more than I would have thought,” Balchunas said, noting it was five times higher than the debut volume of XRP futures ETFs.

Dogecoin ETF beats forecasts

The REX-Osprey DOGE ETF (DOJE) also surprised, finishing the session with $17 million in trades.

Balchunas had initially expected only $2.5 million in volume, a level he said would have been “respectable but nothing too special.”

Instead, DOJE’s performance put it among the top five ETF debuts of more than 700 launches this year.

Regulatory structure and outlook

Both funds were launched under the Investment Company Act of 1940, rather than the Securities Act of 1933, used by last year’s Bitcoin and Ether ETFs.

The “40 Act” framework allows for faster approval — 75 days compared to 240 — but imposes restrictions on holdings.

XRPR and DOJE do not directly own crypto.

Instead, they invest in a Cayman Islands subsidiary that holds digital assets, along with stakes in European and Canadian exchange-traded products that track the coins’ prices.

The strong start comes as issuers await approval for dozens of other crypto ETFs, including altcoin-focused products and funds tied to staking.

The Securities and Exchange Commission this week approved new ETF listing standards that could accelerate the pipeline.

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Dogecoin and XRP ETFs draw massive volume on first day of trading

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Dogecoin (DOGE) has found itself at the centre of market attention once again, this time not because of a social media frenzy but due to institutional interest.

The long-anticipated launch of the first US-listed Dogecoin exchange-traded fund (ETF) has been delayed to next week, but excitement surrounding the event has already fueled bullish momentum in the meme coin’s price.

Traders and analysts are closely watching the charts, and many believe the current setup could propel DOGE toward a multi-dollar future.

Rex-Osprey DOJE ETF delay fails to cool the hype

The Rex-Osprey DOJE ETF, which will invest most of its assets directly in Dogecoin, represents a milestone for both the memecoin community and the broader crypto industry.

For the first time, a US ETF is being tied to a digital asset that has openly embraced its lack of traditional utility.

According to earlier sources, the Dogecoin ETF was to be launched on Thursday, but Bloomberg’s Eric Balchunas has said that the fund will officially begin trading next week, instead of today, as he had alluded to in his earlier postponement projection.

Update Part 3: Another delay. Launching next week. Mid week. Prob Thur. https://t.co/Lzk2pCVo0E

— Eric Balchunas (@EricBalchunas) September 11, 2025

Despite the setback, investors appear unfazed. Dogecoin’s price has steadily climbed in recent days, overcoming the turbulence caused by US inflation data and holding firm above key support levels.

Open interest in Dogecoin futures, according to Coinglass, has also surged to more than $4.67 billion, up from $3.3 billion earlier in the week.

This shows retail traders and institutions alike are positioning themselves ahead of the ETF debut.

Dogecoin price breakout signals a strong bullish trend

From a technical perspective, Dogecoin is flashing strong bullish signals.

As highlighted by CryptoJoe on CoinMarketcap, the Dogecoin price has broken above a descending trend line, a move analysts interpret as part of an impulsive wave-three rally.

This wave structure suggests further upside is likely, with no immediate signs of a top.

Support for the next corrective wave is expected between $0.2425 and $0.2295, giving the market room for healthy pullbacks before resuming its climb.

Key moving averages continue to support the bullish case, with DOGE currently trading well above its 50-day exponential moving average, as well as its 100-day and 200-day averages.

Momentum indicators such as the MACD also remain positive, and the Relative Strength Index (RSI) has held near 65, showing strong buying pressure without entering extreme overbought conditions.

Path toward higher targets

Chart patterns also align with the optimistic outlook.

As highlighted by Mycatdorito on TradingView, there is a symmetrical triangle breakout that points toward a $0.29 short-term target, while an Adam and Eve double-bottom pattern on the 12-hour chart suggests potential for a move closer to $0.30.

Fibonacci extensions indicate resistance levels could stretch as high as $0.37 if momentum accelerates.

Yet the ETF launch adds a new layer of significance.

The DOJE ETF is expected to attract institutional inflows similar to those seen with Bitcoin and Ethereum products, even if at a smaller scale.

Market strategists argue that mainstream financial exposure could create a demand shock for Dogecoin, helping it sustain long-term rallies.

Could $3 be on the horizon?

The question for many investors is not whether Dogecoin (DOGE) can reach its immediate targets, but whether it can eventually break into new territory.

With the coin up more than 150% over the past year, a sustained push beyond the current resistance zone could pave the way for a broader rally.

If ETF-driven inflows materialise and market confidence holds, analysts suggest Dogecoin could embark on a multi-stage climb with $3 as a realistic medium-term goal.

For now, the $0.25 resistance level remains the immediate barrier to watch. A decisive break above it could validate the bullish structure and clear the path to higher levels.

Traders should also monitor $0.22 and $0.20 as critical support zones in case of a pullback.

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Dogecoin price forecast after the DOJE ETF launch delay: analysis points to $3

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The prospect of a Dogecoin exchange-traded fund (ETF) debuting in the United States as early as next week has gained traction after Bloomberg ETF analyst Eric Balchunas pointed to fresh regulatory filings.

If confirmed, it would mark the first time the meme-inspired cryptocurrency receives such recognition in the US financial markets, signaling yet another milestone in the gradual institutional embrace of digital assets.

REX Shares may launch the first US Dogecoin ETF next week

According to Balchunas, ETF issuer REX Shares has filed an effective prospectus with the US Securities and Exchange Commission (SEC) under the Investment Company Act of 1940, commonly known as the 40 Act.

This alternative structure allows a faster path to market compared to the traditional ETF approval process that requires Form S-1 and 19b-4 filings.

The same approach was successfully used by REX earlier this year to roll out its Solana staking ETF.

Industry observers, including ETF Store president Nate Geraci, have described this strategy as a “regulatory end-around.”

REX Shares w/ the regulatory end-around…

Looks like two crypto ETF launches are imminent.

REX-Osprey ETH + Staking ETF and REX-Osprey SOL + Staking ETF.

’40 Act funds taxed as C-Corp (so double taxation).

Both ETFs seek to stake at least 50% of underlying crypto asset. https://t.co/4JyczUeSpG

— Nate Geraci (@NateGeraci) May 30, 2025

While it avoids some of the hurdles faced by spot crypto ETFs, it still provides investors with a regulated investment product tied to the price movements of the underlying asset.

REX’s move positions Dogecoin alongside Solana in breaking through regulatory bottlenecks that have delayed other crypto ETFs.

In its filing, REX highlighted the risks of exposure to Dogecoin, acknowledging its volatility and the unpredictability of its market behavior.

The company noted that the token is “subject to unique and substantial risks,” with price swings that can be rapid and severe.

Despite these warnings, Dogecoin’s cultural appeal and growing popularity continue to attract investor interest.

Over the past year, Dogecoin’s price has gained more than 116%, though it has cooled from its December 2024 peak of $0.4672.

At the time of writing, the token is trading near $0.2142, reflecting both its volatility and its resilience in the broader crypto market.

Elon Musk’s long-standing association with Dogecoin, from calling himself the “Dogefather” to joking about the token on national television, has only amplified its presence beyond crypto circles.

More recently, Musk’s attorney Alex Spiro has been linked to efforts to raise $200 million for a company focused on Dogecoin-related investments.

If REX proceeds with the launch, its fund would become the first US-listed ETF to provide direct exposure to Dogecoin,

This would not only boost the memecoin’s legitimacy in the eyes of institutional investors but also signal a broader acceptance of alternative cryptocurrencies beyond Bitcoin (BTC) and Ethereum (ETH).

The US SEC is currently reviewing 92 crypto ETF applications

The potential launch of a Dogecoin ETF comes at a time when the SEC is facing a wave of crypto-related applications.

Bloomberg Intelligence analyst James Seyffart reported that the agency is currently reviewing 92 filings, a significant jump from just 72 in April.

NEW: Here is a list of all the filings and/or applications I’m tracking for Crypto ETPs here in the US. There are 92 line items in this spreadsheet. You will almost certainly have to squint and zoom to see but best I can do on here pic.twitter.com/lDhRGEQBoW

— James Seyffart (@JSeyff) August 28, 2025

Many of these proposals involve altcoins such as Solana, XRP, and Litecoin, which are expected to see final rulings by October.

This surge in applications highlights growing institutional appetite for diversified crypto investment products.

Digital asset funds have already recorded a strong rebound, with $2.48 billion flowing into such products last week alone.

In August, total inflows reached $4.37 billion, pushing the year-to-date figure to $35.5 billion. The momentum indicates that despite regulatory uncertainty, demand for crypto-linked financial instruments remains robust.

The outcome of these filings could reshape the crypto investment landscape in the United States.

If approved, a Dogecoin ETF would add to the expanding menu of regulated products, allowing investors to gain exposure to assets once dismissed as fringe or speculative.

At the same time, it would raise new questions about the risks and sustainability of meme-driven markets, especially as more altcoins seek entry into mainstream financial channels.

For now, all eyes are on the SEC and REX Shares. Should the filing proceed without delay, Dogecoin could soon have its first dedicated ETF on US markets, a milestone that would solidify its evolution from internet joke to a legitimate, tradable financial asset.

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Bloomberg Analyst predicts the launch of the first Dogecoin ETF next week

Source: https://coinjournal.net/news/bloomberg-analyst-predicts-the-launch-of-the-first-dogecoin-etf-next-week/

Investor optimism for Dogecoin (DOGE) and XRP is rapidly growing, fueled by rising social sentiment and speculation surrounding the potential approval of exchange-traded funds (ETFs) based on these cryptocurrencies.

According to recent data from Santiment, positive chatter surrounding both DOGE and XRP is intensifying, contributing to a sharp shift in market outlook.

This growing confidence in the two tokens suggests a potential bullish phase for the coins, despite regulatory hurdles that still loom.

Santiment’s social data indicates a marked shift in favor of both Dogecoin and XRP, particularly in online discussions and crowd sentiment.

Social commentary can play a crucial role in shaping trading strategies, as positive discussions often support upward price momentum, while negative sentiment can influence bearish trades.

For XRP, the mood remains overwhelmingly bullish, with very few bearish voices despite a drop in overall social discussions for the token compared to other major cryptocurrencies.

The perceived probability of a spot XRP ETF approval by the end of 2025 has surged to 85%, a notable increase from 65% just two months ago, according to Polymarket.

DOGE and XRP are poised to benefit from this shift in sentiment

This rising confidence comes even as the US Securities and Exchange Commission (SEC) has delayed decisions on the spot DOGE and XRP ETF proposals until June 17, 2025.

Despite this, technical analysis shows strong accumulation patterns, suggesting that the market remains positive.

Both DOGE and XRP appear poised to benefit from this shift in sentiment as investors remain optimistic about future regulatory outcomes.

Dogecoin, in particular, has experienced a dramatic rise in social dominance following ETF filings by 21Shares and Bitwise in April.

Before late April, DOGE was languishing in a period of low social attention, but the recent filings have sparked renewed interest, pushing its social dominance to a three-month high.

The support from the House of Doge and the Dogecoin Foundation for the 21Shares application has further solidified DOGE’s credibility as a serious investment option, shedding its “memecoin” image.

Traders and analysts are now noticing heavy accumulation by large holders, or “whales,” and bullish patterns emerging on the charts, fueling speculation that Dogecoin could be entering a new growth phase.

While other tokens like Ethereum (ETH), Solana (SOL), and Binance Coin (BNB) are seeing mixed social signals, the positive momentum surrounding DOGE and XRP reflects a broader market shift toward digital assets.

As Dogecoin and XRP ETFs continue to capture investor attention, the market’s sentiment remains bullish, with both tokens poised to make waves in the coming months.

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ETF speculation around Dogecoin, XRP drives spike in investor optimism

Source: https://coinjournal.net/news/etf-speculation-around-dogecoin-xrp-drives-spike-in-investor-optimism/