Bitwise Updates Dogecoin and Aptos ETF Filings, SEC Engagement Confirmed
Bloomberg Senior ETF Analyst Eric Balchunas has confirmed that Bitwise has filed amended S-1 forms for its proposed spot Dogecoin ETF and spot Aptos ETF, signaling ongoing engagement with the U.S. Securities and Exchange Commission (SEC).
Balchunas described the updates as a positive sign, noting that such amendments often reflect regulatory dialogue and track closely with the path taken in previous spot crypto ETF approvals.
A key change in the filings is the inclusion of in-kind creations and redemptions, a mechanism that allows ETF shares to be exchanged directly for the underlying crypto assets — a structure favored by both issuers and market makers for its efficiency and tax advantages.
The filings, submitted on June 26, indicate progress as Bitwise seeks to expand its footprint in the growing spot crypto ETF market.
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