SEC Delays Verdict on Bitwise Dogecoin ETF Trading Proposal
Published Date: 5/5/2025
Notice
Summary
The SEC is taking extra time to review NYSE Arca’s plan to list and trade shares of the Bitwise Dogecoin ETF, a new way for investors to buy Dogecoin through the stock market. This means folks interested in this ETF will have to wait until June 15, 2025, for a final decision. The delay helps ensure the SEC carefully considers all the details before giving the green light or a no-go.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
SEC Delay on Dogecoin ETF Decision
The SEC extended its review of NYSE Arca’s March 3, 2025 proposal to list the Bitwise Dogecoin ETF and set June 15, 2025 as the new deadline for a final decision. The proposal was published for comment on March 17, 2025 and the original 45-day review period would have ended May 1, 2025, so interested investors must wait until June 15, 2025 for approval, disapproval, or further proceedings.
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