The cryptocurrency ETF competition is heating up once again, and this time it’s Dogecoin’s turn. Bitwise, one of the largest digital asset managers in the US, has filed an 8(a) Form to launch the first Spot Dogecoin (DOGE) ETF, with expectations that it could be approved in as little as 20 days barring SEC intervention.
If approved, it would be another major milestone for crypto ETFs following the success of Bitcoin and Ethereum spot products earlier this year.
Uses fast SEC process for each bit
According to Bloomberg ETF analyst Eric Balchunas, Bitwise recently updated its S-1 registration form to remove so-called “delayed amendments.” This action initiates Section 8(a) proceedings under the Securities Act, and if the SEC takes no action, the ETF may become effective automatically 20 days after filing.
This means Bitwise has started the countdown. If the SEC remains silent, the Spot Dogecoin ETF could be approved by November 26, 2025.
This strategy reflects Bitwise’s confidence that the commission will not intervene, especially given the increasing regulatory acceptance of crypto-based ETFs.
Dogecoin approval timeline
The SEC had previously extended its review of Bitwise’s DOGE ETF multiple times since its initial filing in March 2025, citing concerns about Dogecoin’s volatility, liquidity, and potential for market manipulation.
Perhaps, if the SEC does not intervene, Bitwise’s Spot Dogecoin ETF could be officially launched by November 26, 2025.
Other ETFs awaiting approval
The excitement over Bitwise’s Dogecoin ETF has inspired other companies to take action as well. Grayscale has filed a similar application and has begun its own countdown to possible approval.
Multiple asset managers are currently competing to launch a spot crypto ETF, and if approved Dogecoin could become one of the first altcoins with a US-listed spot ETF, allowing both retail and institutional investors to easily access regulated DOGE.
Dogecoin price reacts to ETF hype
Following the news of Bitwise’s renewal application, Dogecoin’s price rose nearly 1%, even though the entire crypto market is trading in the red. The move reaffirms optimism that DOGE could soon be featured in ETFs alongside other major assets.
If all goes well, the next few weeks could mark the beginning of a new phase in which even meme coins like Dogecoin become entrenched on Wall Street.
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