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NYSE has deposited a change of rule proposed to list and exchange the shares of the DOGECOIN ETF of Bitwise Asset Management (fund negotiated on the stock market).
The 19b-4 deposit was submitted in March. 3 To the American Commission for Securities and Exchange (SEC). If it is approved, it will allow the NYSE Arca to list the Fund based on DOGE and to offer direct exposure to retail and institutional to the largest part of memes by market capitalization.
The Bitwise Dogecoin FNB could become one of the first American investment funds focused on the same
The deposit of yesterday by Nyse Arca intervened after Bitwise filed an S-1 registration form for the fund with the dry towards the end of January of this year.
Just in: Bitwise has placed a place for a Dogecoin spot $ DOGE ETF.
63% chance that it is approved this year. pic.twitter.com/xsv1n5mr1q
– Polymarket (@polymarket) March 3, 2025
According to the file, the US Coinbase Crypto Exchange Us will act as a guard for the proposed Mastiff ETF. Meanwhile, New York Mellon Bank will be responsible for cash, administration and transfer agency.
If the fund obtains the green light, the Dogecoin Bitwise FNB would become one of the first American investment funds centered on the same.
The calendar for the dry to make a decision on a Dogecoin ETF has already started
The deposit of Nyse Arca for a proposed change of rule occurs after the SECOND recognized the Graycale deposits for his Dogecoin trust on February 13. This recognition began the calendar for the regulator in order to make a decision, with a potential deadline around mid-October.
From a price point of view, Doge barely reacted to the recent file by Nyse Arca. In the hours following the deposit of the exchange, the cryptography market underwent a strong correction.
Dogecoin has achieved a blow of more than 12% in the last 24 hours, lowering its price to $ 0.1921 to 2 h 07 hne. This abrupt withdrawal was sufficient to push the weekly performance of the memes piece to more than 7% in the red, according to Coinmarketcap.
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