Crypto asset manager Bitwise has uploaded documents to launch an exchange-traded fund (ETF) tied to the price of dogecoin (DOGE), a filing with the US. Securities and Exchange Commission on Tuesday shows. The filing, an S-1 document, is a requirement for companies seeking to issue a new security and be listed on a public stock exchange.

Bitwise submits an S-1 filing for Dogecoin ETF amid growing interest and evolving crypto regulations led by recent government initiatives.

Dogecoin faces multiple market catalysts including a new ETF filing by Bitwise and connections to federal cost-cutting programs, while trading at $0.3316 amid analyst predictions of potential price appreciation.

Bitwise has filed for a Dogecoin ETF, and crypto bettors on Polymarket believe there are now much higher chances a $DOGE ETF will be approved.

A Dogecoin ETF could soon trade in the U.S. as Bitwise filed an application on Tuesday, following its registration of a trust last week.

Bitwise has officially filed an S-1 registration for a spot Dogecoin ETF with the SEC, joining Rex Shares and Osprey Funds in pursuing regulatory approval for cryptocurrency exchange-traded funds.

Bitwise files the first physically backed Dogecoin ETF under the ’33 Act, marking a milestone in regulated crypto investment.