$DOGE is rallying as Bitwise prepares to launch its spot Dogecoin ETF on the NYSE under the ticker BWOW.

The ETF will have a 0.34% management fee, waived for the first month, and is expected to go effective in about 20 days, according to Bloomberg analyst Eric Balchunas. DOGE price already jumped 1.3% across spot and derivatives markets in anticipation of the launch.

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