Dogecoin ETF Decision Delayed To November: What's Happening?
The US SEC has announced that it will push its decision on the Bitwise Dogecoin ETF and the Grayscale Hedera ETF till November 12 of this year. Bitwise initially filed its S1 application in January, later making amendments in June. The amendments included in-kind creation and redemption Features in the proposal. While Bitwise’s DOGE ETF may be delayed, a Bloomberg analyst says another DOGE ETF may be making its debut later this week. Let’s discuss. Rex-Osprey Dogecoin ETF To Launch On Thursday? Source: Marketforces Africa According to Bloomberg ETF analyst Eric Balchunas, Rex-Osprey’s Dogecoin ETF, DOJE, is slated for a Thursday launch. Balchunas stated that he is “ Pretty sure this is [the] first-ever US ETF to hold something that has no utility on purpose. “ Meme coin ETF era about to kick off it looks like with $DOJE slated for a Thursday launch, albeit under the 40 Act a la $SSK. There's a big group of '33 Act-ers waiting for SEC approval still. Pretty...