Bitwise Asset Management has amended its spot Dogecoin ETF application to potentially pave the way for an accelerated launch. According to Bloomberg Intelligence analyst Eric Balchunas, Bitwise’s latest filing eliminates the delayed amendment commonly included in S-1 forms, allowing the ETF to become effective automatically after 20 days.
The streamlined process is part of the SEC’s guidance that permits funds to proceed if the agency requests no additional review. Bitwise’s decision follows the success of its staking Solana ETF, which has already attracted over $500 million in assets.
By leveraging the CF Dogecoin-Dollar Settlement Price Index, the new DOGE fund will track spot market prices directly, giving investors exposure to the firstborn meme coin without the need to hold it.
The SEC had paused its decision on Bitwise’s Dogecoin ETF application in June, shortly after delaying Grayscale’s similar proposal. 21Shares recently updated its spot Dogecoin ETF filing with the ticker TDOG, planning to list on Nasdaq.
Shutdown Fallout Speeds Up ETF Approvals
Meanwhile, the development comes amid a prolonged U.S. government shutdown that has left many SEC staff furloughed, forcing the agency to prioritize essential operations like responding to inquiries and combating market manipulation.
Although the SEC’s operations are affected by the shutdown, the Form 8-A route allows prospective issuers to have their ETF applications approved within 20 days of the amendment. However, for the Bitwise Dogecoin ETF to become effective, NYSE Arca still need to approve the accompanying Form 8-A filing of the application.
Meanwhile, if the SEC does not act within the 20-day period, the ETF could begin trading on NYSE Arca by November 26, positioning Bitwise to become the second firm with a U.S. spot Dogecoin ETF after REX-Osprey.
Dogecoin climbed 1.2% to $0.166 after the Bitwise update, trading between $0.1577 and $0.1661 over 24 hours. Technical analysts, including NekoZ, highlighted that DOGE is nearing the apex of a long-term symmetrical triangle pattern on the weekly chart.
A decisive breakout above resistance could target levels near $0.35, potentially signaling the start of a new bullish phase if ETF demand materializes.
$DOGE is presenting a textbook setup on the 1W chart. A huge SYMMETRICAL TRIANGLE is nearing its apex.
We are precisely at the lower boundary, a high-probability bounce zone.
This pattern indicates significant volatility ahead. A break above the upper trendline could propel… pic.twitter.com/ZGOgWDaITE
— NekoZ (@NekozTek) November 6, 2025
The CoinRemark Team
Evans Kelvin
