news.bitcoin.com
Crypto investment management firm Bitwise filed paperwork to establish a Delaware statutory trust for a dogecoin exchange-traded fund (ETF) on Wednesday, according to a post by Bloomberg ETF analyst Eric Balchunas. The firm manages upwards of $10 billion in assets across sixteen funds, including spot bitcoin and spot ether ETFs. Optimism for a wider variety of crypto ETFs has reached a fever pitch now that Donald Trump has taken office and nominated crypto-friendly Paul Atkins for Chairman of the Securities and Exchange Commission (SEC). Another ETF provider, Rex Shares, and its crypto-focused sister company, Osprey Funds, filed for seven crypto ETFs with the SEC, including funds that will hold dogecoin (DOGE), bonk (BONK), and even the president’s own recently launched memecoin, TRUMP.
