TechFlow news, according to Cointelegraph, Bitwise filed an S-1 document with the U.S. Securities and Exchange Commission (SEC) on January 28, applying for a spot ETF product tracking the price of Dogecoin (DOGE).
Bloomberg ETF analyst James Seyffart revealed that Bitwise had previously registered a Dogecoin Trust fund in Delaware on January 22. The proposed product will be custodied by Coinbase Custody, a common choice among cryptocurrency ETF issuers.
Notably, in addition to the S-1 filing, Bitwise must also submit a 19b-4 form to officially initiate the review process. Details such as the product's fee structure, ticker symbol, and listing exchange have not yet been disclosed in the current application documents.
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