<ul><li>Bitwise Asset Management has filed for a Dogecoin-focused exchange-traded fund (ETF) with the Delaware Division of Corporations.</li><li>Following the news, DOGE's value dropped by 5% in the last 24 hours, resulting in $11 million in trader liquidations.</li><li>Bitwise's filing is seen as a preliminary step towards introducing a Dogecoin ETF, with analysts anticipating a formal submission to the SEC.</li><li>The filing aligns with the growing institutional interest in crypto ETFs, with 33 crypto-related ETFs currently under review by the SEC.</li></ul>

Bitwise eyes first Dogecoin ETF amid rising crypto ETF interest

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