The cryptocurrency market is buzaz with excitement as the U.S. Securities and Exchange Commission (SEC) reviews applications for a Dogecoin exchange-traded fund (ETF). This development has sparked optimism among investors, with many predicting a high likelihood of approval in 2025. Here’s a closer look at what this could mean for Dogecoin and the broader crypto landscape.
The SEC Review Process
The SEC has acknowledged filings from major firms like Grayscale and Bitwise, with Grayscale’s application further along in the review process. This process typically spans up to 240 days, giving the SEC ample time to scrutinize the proposals thoroughly. The involvement of reputable institutions such as Coinbase Custody and the Bank of New York Mellon in managing assets for these funds adds credibility to the applications.
Read More : https://onthenode.com/technology/dogecoin-etf-on-the-horizon-sec-review-sparks-market-optimism
The SEC Review Process
The SEC has acknowledged filings from major firms like Grayscale and Bitwise, with Grayscale’s application further along in the review process. This process typically spans up to 240 days, giving the SEC ample time to scrutinize the proposals thoroughly. The involvement of reputable institutions such as Coinbase Custody and the Bank of New York Mellon in managing assets for these funds adds credibility to the applications.
Read More : https://onthenode.com/technology/dogecoin-etf-on-the-horizon-sec-review-sparks-market-optimism
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