Dogecoin slipped for a second straight session as heavy whale distribution and technical weakness overshadowed optimism surrounding Bitwise’s expected spot DOGE ETF launch within 20 days.
News Background
Bitwise Asset Management confirmed that its spot Dogecoin ETF may launch within 20 days under the Section 8(a) automatic-approval rule, pending no SEC intervention. The move follows last week’s debut of SOL, LTC, and HBAR ETFs on Wall Street and signals accelerating institutional product development across the meme-coin segment.
Trending: Something Doesn’t Add Up in New Jersey’s Election Results — and Pollsters Know It
STORY CONTINUES BELOW
Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters svg]:max-w-[theme(spacing.8)] transition-transform-colors-opacity motion-reduce:transition-none text-default-foreground data-[hover=true]:opacity-hover w-full md:w-auto bg-new-yellow”>
Sign me up
By signing up, you will receive emails about CoinDesk products
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!