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Dogecoin ETF Inches Closer To Reality As NYSE Arca Files For SEC Approval

  • NYSE Arca has filed a 19b-4 request with the SEC to list and trade the Bitwise Dogecoin ETF.
  • If approved, it would become one of the first US-listed Dogecoin-focused exchange-traded funds.
  • Bitwise's proposal includes institutional infrastructure, with Coinbase Custody as the custodian for DOGE holdings and BNY Mellon overseeing cash custody.
  • The SEC is also reviewing similar Dogecoin ETF proposals, with predictions indicating a high chance of approval in 2025.

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