šØ BREAKING: Bitwise Files Major Updates to $DOGE coin & Aptos Spot ETF Plans
Bitwise has amended its Sā1 filings for both the spot Dogecoin and Aptos ETFs, adding inākind redemption/creation features ā a massive regulatory upgrade .
Inākind redemption enables authorized participants to swap ETF shares directly for DOGE/APT tokens ā improving tax efficiency and reducing market friction .
Bloombergās Eric Balchunas calls it a strong signal of SEC engagement, estimating 90% approval odds by October 2025 .
If approved, these would mark the first U.S. spot ETFs for Dogecoin and Aptos, potentially paving the way for more altcoin funds.
š Why it matters:
Institutional influx & legitimization for DOGE & APT
Signals broader altcoin ETF greenlights ahead
Could spark new flows and reshape crypto market structure