NYSE Arca proposes rule change to list Bitwise Dogecoin ETF

NYSE Arca made a proposal change at the base to the BitWise Management Management Dogecoin list.

On March 3, affiliated to stock exchange in New York foot 19B-4, which, if approved, will enable the exchange of Bitise Dogoin (DOGE) ETF, a fund that provides a direct exposure to mechanical.

She stated that Coinbase will be a Dogecoin goalkeeper, while New York Melon will deal with the agency and monetary transport.

ETF uses cash and recovery creations, which means that investors cannot contribute or receive a dogecoin directly.

Bitwise presented the S-1 product registration form at the Securities and Stock Exchange Committee in late January.

If approved, this will be one of the first investment funds in the United States, which provides organized access to Dogecoin for institutional investors and retail trade.

Dogecoin prices did not interact with deposit and linked to more than 15 % a day, as it decreased to $ 0.19 in a wider encryption market in the march of all the gains from the Donald's US Crypto Protection Declaration on March 2.

On February 13, SEC admitted GrayScale Grayscale Dogecoin Trust, which means that the schedule for review and decisions on the product has started, and the possible deadline will be in mid -October.

Meanwhile, Nasdak on March 3 foot Change a similar base with SEC to insert and trade stocks in Hedra Trust. The box will track HBAR, the original symbol of the Hedra network. In late February, the Nasdaq Stock Exchange has advanced a similar HEDERA product from Canary Capital.

Related to: SEC again delay ETHE ETF options on CBOE

There were a large number of ALTCOIN ETF applications from various exporters, including money that follows Cardano (ADA), Solana (Sol), Polkadot (Dot), Litecoin (LTC) and XRP (XRP) in the United States since the change in management and friendship -friendly drawing by SEC.

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