SEC Debates Listing Dogecoin ETF: Meme Coin Hits Big Leagues?
Published Date: 6/17/2025
Notice
Summary
The SEC is deciding whether to approve a new Bitwise Dogecoin ETF that NYSE Arca wants to list and trade. This affects investors interested in Dogecoin through a simple stock-like share, potentially opening up new ways to invest in crypto. The SEC’s decision deadline is June 15, 2025, and if approved, it could bring fresh trading opportunities and money moves in the crypto world.
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
SEC Reviewing Dogecoin ETF Listing
The SEC has instituted proceedings to decide whether NYSE Arca can list and trade shares of the Bitwise Dogecoin ETF. The Commission set June 15, 2025 as the date by which it must approve, disapprove, or take further action on the proposal. If approved, investors could buy stock-like shares that seek exposure to Dogecoin.
SEC Focusing on Fraud and Manipulation Risks
The Commission is specifically evaluating whether listing and trading Shares of the Trust would be "designed to prevent fraudulent and manipulative acts and practices" and to "protect investors and the public interest" under Section 6(b)(5) of the Securities Exchange Act. The SEC is asking commenters to address these investor‑protection concerns as part of the proceeding.
ETF Structure: Dogecoin Holdings & NAV
The proposed Bitwise Dogecoin ETF would hold Dogecoin as its only asset (and limited cash), set its net asset value daily by reference to the CF Dogecoin‑Dollar Settlement Price at 4:00 p.m. Eastern Time, and use Coinbase Custody Trust Company, LLC as custodian. The Trust would create and redeem Shares in cash in one or more blocks of 10,000 Shares.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in