Bitwise Spot DOGE ETF: A Bold Move Towards Automatic Approval

Bitwise has asked for a Dogecoin ETF, taking advantage of a special regulatory strategy under Section 8(a) of the Securities Act that avoids conventional approval procedures. Removing the "delaying amendment" in its S-1 registration lets the ETF become automatically effective 20 days after filing unless specifically blocked by the SEC. This approach accelerates the approval timeline and indicates a daring strategy to introduce crypto ETFs by freeing regulators to act. Provided there is no SEC action, November 26, 2025 is the projected launch date.

Named the Bitwise Dogecoin ETF, the fund would physically store Dogecoin with BNY Mellon managing cash reserves and Coinbase as its custodian. Track the CF Dogecoin-Dollar Settlement Price at an annual management fee of 0.34%, the ETF will list on NYSE Arca under the symbol "BWOW". Emphasizing a rising appetite for single-asset crypto goods, this structure shows Bitwise's confidence in a favorable legal scene.

This growth comes after the September 2025 debut of the REX-Osprey Dogecoin ETF (DOJE), which signals a quick change in the U.S. crypto ETF scene. With Grayscale also seeking a comparable product using the same fast-track strategy, analysts forecast fierce competition. Bloomberg analysts estimate over a 90% likelihood of numerous Dogecoin ETFs trading by year-end as the SEC gets more accepting of these creative single-asset products.