12 Sep 2025
💰SEC Review of Bitwise Dogecoin ETF Proposal and Implications
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of the Bitwise Dogecoin ETF Under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares)
Summary
The Securities and Exchange Commission (SEC) has designated a longer period for action on a proposed rule change to list and trade shares of the Bitwise Dogecoin ETF under NYSE Arca Rule 8.201-E. This action indicates the SEC's intention to further evaluate the implications of cryptocurrency-based investment products for the market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text discusses the SEC's process regarding the proposed rule change for the Bitwise Dogecoin ETF, which has direct implications for businesses in and out of the cryptocurrency space looking to trade or invest in new financial products. These developments may affect market dynamics and investment opportunities.