# 2025-10986: SEC Debates Listing Dogecoin ETF: Meme Coin Hits Big Leagues?

2025-10986, Self-Regulatory Organizations; NYSE Arca, Inc.; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of the Bitwise Dogecoin ETF Under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares), is a Federal Register notice from Securities and Exchange Commission published 2025-06-17, effective The Commission designated June 15, 2025 as the date by which the Commission shall approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change.; PRIA reads it as touching household money (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-10986
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-10986
- Title: Self-Regulatory Organizations; NYSE Arca, Inc.; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of the Bitwise Dogecoin ETF Under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares)
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 25697
- Published: 2025-06-17
- Effective: The Commission designated June 15, 2025 as the date by which the Commission shall approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change.
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

SEC Debates Listing Dogecoin ETF: Meme Coin Hits Big Leagues?

## 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.

## Effects PRIA read

- SEC Reviewing Dogecoin ETF Listing: benefit, medium. 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 se…
- ETF Structure: Dogecoin Holdings & NAV: benefit, low. 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 Sh…
- SEC Focusing on Fraud and Manipulation Risks: benefit, medium. 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 commente…

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## Sources
- [2025-10986 on federalregister.gov](https://www.federalregister.gov/documents/2025/06/17/2025-10986/self-regulatory-organizations-nyse-arca-inc-order-instituting-proceedings-to-determine-whether-to)
- [2025-10986 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-06-17/pdf/2025-10986.pdf)

## Related
- [Previous: 2025-10983, Vista Credit Strategic Lending Corp., et al.](https://policyrisk.com/federal-register/2025-10983)
- [Next: 2025-10987, Venerable Variable Insurance Trust and Venerable Investment Advisers, LLC](https://policyrisk.com/federal-register/2025-10987)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-10986 (as of 2026-06-08).