Catenaa, Thursday, November 13, 2025-Bitwise may begin trading a Dogecoin-focused exchange-traded fund (ETF) before the end of November, following an amended filing with the US Securities and Exchange Commission.
The crypto fund manager removed a delaying amendment from its S-1 registration statement for the Bitwise Dogecoin ETF. If the SEC raises no objections within 20 days, the registration automatically becomes effective, allowing the ETF to debut.
The first US ETF giving investors exposure to DOGE, the DOJE fund from Rex Shares and Osprey Funds, launched in September and recorded $17 million in trading volume.
Interest in altcoin ETFs has surged as the SEC relaxed listing standards for commodity-based trusts, encouraging asset managers from both crypto and traditional finance to file more than 90 applications for similar products.
The popularity of Bitcoin and Ethereum ETFs, which now manage roughly $150 billion and $20 billion in assets respectively, has also driven investor demand for digital asset-focused ETFs. Financial advisor Ric Edelman said altcoin ETFs are expected to capture a share of assets proportionate to the market size of their underlying coins.
Rex-Osprey is already pursuing a leveraged version of its Dogecoin fund, the REX DOJE Growth & Income ETF, targeting daily returns of 105-150% of DOJE. Dogecoin itself was trading near $0.18, up more than 13% in 24 hours, with a market capitalization of $25.4 billion, still below its 2021 peak of $0.73.
Bitwise offered only a lighthearted comment on the filing, saying “woof, woof.” The move signals growing institutional interest in altcoin investment products as ETFs expand beyond Bitcoin and Ethereum.
