BREAKING: Dogecoin (DOGE) Spot ETF Important Development!

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Bitwise, one of the companies that has a Bitcoin Spot ETF, has filed an S-1 registration for a Dogecoin ETF.

Filing an S-1 by Bitwise for a Dogecoin ETF does not mean that the ETF has been approved yet.

S-1, ETF is a regulatory application form submitted to the U.S. Securities and Exchange Commission (SEC) as part of the registration process for a new financial product such as Exchange Traded Fund (ETF) (. It contains detailed information about the proposed ETF, including its structure, purpose, investment strategy, and potential risks.

After the application, the SEC reviews the S-1 to determine whether the ETF complies with the relevant securities laws.

The SEC may request a statement, request changes, or express concerns about the proposal.

The approval process can take months, and in some cases, the SEC can completely reject the application or postpone the decision.

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