Bitwise Asset Management announced plans for a Dogecoin Exchange-Traded Fund (ETF), aiming to offer secure, regulated exposure to the popular meme cryptocurrency. The ETF would simplify Dogecoin investments by eliminating the need for wallets or exchanges.

Another company has shown interest in memecoin ETFs as Bitwise took the first step toward issuing a $DOGE ETF, registering a Bitwise Dogecoin ETF entity in Delaware Wednesday.

Bitwise prepares a Dogecoin ETF filing under Trump’s pro-crypto administration, as funds rush to file surprising ETF applications.

Crypto fund manager Bitwise Asset Management has officially filed for a Dogecoin (DOGE) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The news broke after the company submitted its registration to the Delaware Department of State’s Division of Corporations on Jan.

The company has registered “BITWISE DOGECOIN ETF” as a legal entity with Delaware’s Department of State’s Division of Corporations, possibly setting the stage for an official ETF filing with the SEC. In a statement shared with Invezz on email, the company confirmed that that the filing is legitimate and was filed by Bitwise.

Bitwise has registered for an ETF product tracking the world’s largest memecoin as the crypto subsector becomes more prominent within the market.

Crypto index fund manager Bitwise has submitted a filing for a Dogecoin ETF, prompting analyst Ali Martinez to say it could fire DOGE to $15.

Nate Gercai, President of ETF Store, highlighted the surprising absence of filings for a Dogecoin ETF. In a January 15 post on X, he emphasized Dogecoin’s position as the seventh-largest digital asset by market capitalization.