The post Bitwise Filed an 8(a) Form to launch its Spot Dogecoin ETF, Approval Expected in 20 days appeared first on Coinpedia Fintech News The crypto ETF race is heating up again, and this time, it’s Dogecoin’s turn. Bitwise, one of the largest digital asset managers in the U.S., has filed an 8(a) form to launch the first spot Dogecoin (DOGE) ETF, with potential approval expected in just 20 days unless the SEC intervenes. If approved, this would mark …The post Bitwise Filed an 8(a) Form to launch its Spot Dogecoin ETF, Approval Expected in 20 days appeared first on Coinpedia Fintech News The crypto ETF race is heating up again, and this time, it’s Dogecoin’s turn. Bitwise, one of the largest digital asset managers in the U.S., has filed an 8(a) form to launch the first spot Dogecoin (DOGE) ETF, with potential approval expected in just 20 days unless the SEC intervenes. If approved, this would mark …

Bitwise Filed an 8(a) Form to launch its Spot Dogecoin ETF, Approval Expected in 20 days

2025/11/07 14:29
Bitwise Advances Spot Dogecoin ETF

The post Bitwise Filed an 8(a) Form to launch its Spot Dogecoin ETF, Approval Expected in 20 days appeared first on Coinpedia Fintech News

The crypto ETF race is heating up again, and this time, it’s Dogecoin’s turn. Bitwise, one of the largest digital asset managers in the U.S., has filed an 8(a) form to launch the first spot Dogecoin (DOGE) ETF, with potential approval expected in just 20 days unless the SEC intervenes.

If approved, this would mark another major milestone for crypto ETFs after the success of Bitcoin and Ethereum spot products earlier this year.

Bitwise Uses Fast-Track SEC Process

According to Bloomberg ETF analyst Eric Balchunas, Bitwise recently updated its S-1 registration form, removing what’s known as a “delaying amendment.” This move triggers the Section 8(a) process of the U.S. Securities Act, meaning the ETF can automatically go effective 20 days after the filing if the SEC takes no action.

This means that Bitwise has now set a countdown in motion. If the SEC remains silent, the Spot Dogecoin ETF could be approved by November 26, 2025.

This strategy reflects Bitwise’s confidence that the Commission won’t intervene, especially given the growing regulatory acceptance of crypto-based ETFs.

Timeline For Dogecoin Approval

The SEC had previously extended its review of Bitwise’s DOGE ETF multiple times since its initial filing in March 2025, citing concerns over Dogecoin’s volatility, liquidity, and potential for market manipulation.

Perhaps, now if the SEC doesn’t step in, Bitwise’s spot Dogecoin ETF could officially launch by November 26, 2025.

Other ETFs Waiting For Approval 

Excitement around Bitwise’s Dogecoin ETF has also pushed other firms into action. Grayscale has filed a similar application, starting its own countdown toward potential approval.

Several asset managers are now racing to launch spot crypto ETFs, and if approved, Dogecoin could become one of the first altcoins with a U.S.-listed spot ETF, giving both retail and institutional investors easier, regulated access to DOGE.

Dogecoin Price Reacts to ETF Hype

Following the news of Bitwise’s updated filing, Dogecoin’s price jumped nearly 1%, even as the broader crypto market traded in red. The move underscores renewed optimism that DOGE could soon enter the ETF spotlight alongside major assets.

If all goes smoothly, the coming weeks could mark the start of a new phase, where even meme coins like Dogecoin find a home on Wall Street.

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Enhanced Utility: The token could unlock premium features, reduce transaction fees, or provide exclusive access to services within the MetaMask ecosystem or partnered dApps. Decentralization: Introducing a token often aligns with the broader Web3 ethos of decentralization, distributing control and ownership among its users rather than centralizing it within ConsenSys. Consequently, a token launch is seen as a way to deepen user involvement and foster a more robust, community-driven ecosystem around the wallet. Exploring the Potential Impact of a MetaMask Token The introduction of a MetaMask token could have far-reaching implications for the decentralized finance (DeFi) and Web3 landscape. Firstly, it could set a new standard for how popular infrastructure tools engage with their user base. By providing a tangible stake, MetaMask might strengthen its position as a community-governed platform. Moreover, a token could significantly boost the wallet’s visibility and adoption, attracting new users eager to participate in its governance or benefit from its utility. This could also lead to innovative integrations with other blockchain projects, creating a more interconnected and efficient Web3 experience. Ultimately, the success of such a token will depend on its design, utility, and how effectively it engages the global MetaMask community. What Challenges Could a MetaMask Token Face? While the excitement is palpable, launching a MetaMask token also presents several challenges that ConsenSys must navigate carefully. One primary concern is regulatory scrutiny. The classification of cryptocurrency tokens varies across jurisdictions, and ensuring compliance is crucial for long-term success. Furthermore, designing a fair and equitable distribution model is paramount. Ensuring that the token provides genuine utility beyond mere speculation will be another hurdle. 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It represents a significant milestone for a platform that has become synonymous with accessing the decentralized web. Conclusion The hints from ConsenSys CEO Joseph Lubin regarding an earlier launch for the MetaMask token have undoubtedly captured the attention of the entire crypto world. This potential development promises to bring enhanced governance, utility, and community engagement to millions of MetaMask users. While challenges exist, the underlying potential for a more decentralized and user-driven ecosystem is immense. The coming months will likely reveal more about this highly anticipated token, marking a new chapter for one of Web3’s most vital tools. Frequently Asked Questions (FAQs) Q1: What is a MetaMask token? A MetaMask token would be a native cryptocurrency issued by ConsenSys, the company behind the MetaMask wallet. It is expected to offer various utilities, including governance rights, rewards, and access to special features within the MetaMask ecosystem. Q2: Why is ConsenSys considering launching a MetaMask token? ConsenSys is likely exploring a token launch to further decentralize the MetaMask platform, empower its user community with governance rights, incentivize active participation, and potentially unlock new forms of utility and growth for the ecosystem. Q3: What benefits could users gain from a MetaMask token? Users could gain several benefits, such as the ability to vote on MetaMask’s future developments, earn rewards for using the wallet, access exclusive features, or potentially reduce transaction fees. It also provides a direct stake in the platform’s success. Q4: When is the MetaMask token expected to launch? While no official launch date has been confirmed, ConsenSys CEO Joseph Lubin has indicated that the launch could happen sooner than previously expected. The exact timeline remains subject to official announcements from ConsenSys. Q5: How would a MetaMask token impact the broader Web3 ecosystem? A MetaMask token could significantly impact Web3 by setting a precedent for user-owned and governed infrastructure tools. It could drive further decentralization, foster innovation, and strengthen the connection between users and the platforms they rely on, ultimately contributing to a more robust and participatory decentralized internet. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption. This post MetaMask Token: Exciting Launch Could Be Sooner Than Expected first appeared on BitcoinWorld.
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