The US Securities and Exchange Commission (SEC) has reportedly delayed its decision on the Bitwise DOGE spot ETF application. This delay introduces further uncertainty into the cryptocurrency market, specifically regarding the potential for mainstream investment vehicles for Dogecoin. While the SEC hasn't provided explicit reasons for the delay, regulatory scrutiny surrounding the volatility and market manipulation concerns associated with meme coins like Dogecoin are likely factors. The SEC is carefully evaluating whether sufficient safeguards are in place to protect investors. This decision impacts the potential price of Dogecoin. Approval of a spot ETF could have driven increased institutional investment, potentially boosting Dogecoin's value. The delay means the market must wait longer to see if this potential catalyst will materialize. Investors are advised to monitor official announcements from the SEC and Bitwise for further updates. ```

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