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Bitwise Updates Spot Dogecoin ETF Filing: Will A DOGE Approval Come Before An XRP ETF?

  • Bitwise has updated its spot Dogecoin ETF filing, increasing optimism for its potential approval by the SEC.
  • The amended filing includes in-kind creations and redemptions, a mechanism that allows authorized participants to trade shares using DOGE directly.
  • 21Shares and Grayscale have also filed for Dogecoin ETFs, with the SEC potentially providing feedback to prospective issuers.
  • Although the likelihood of an XRP ETF approval before DOGE remains higher due to factors like a regulated futures market for XRP, both ETFs have a final SEC deadline of October 17 for potential approval.

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