Catenaa, Wednesday 29, 2025 – Bitwise has officially filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) for a spot Dogecoin exchange-traded fund (ETF), marking a significant step toward bringing the popular memecoin to traditional financial markets.
The crypto asset manager previously registered a filing in Delaware on Jan. 22 for the potential ETF.
Bitwise Chief Investment Officer Matt Hougan told the Financial Times that demand for Dogecoin investment products is growing, noting that it is the sixth-largest cryptocurrency by market capitalization and sees over $1 billion in daily trading volume.
Other firms, including Osprey Funds and Rex Shares, have also submitted proposals for Dogecoin ETFs. The move comes amid increasing institutional interest in digital assets, particularly after President Donald Trump signed an executive order last week to create a federal regulatory framework for cryptocurrencies. Trump also appointed Paul Atkins, a well-known crypto-friendly figure, to lead the SEC.
Dogecoin, often regarded as the first memecoin, has surged in popularity following the creation of the Department of Government Efficiency (DOGE) under Trump’s administration.
