🚨 ¡#DOGECOIN HEADING TO WALL STREET! 🚀 ¡BITWISE IGNITES SOCIAL MEDIA WITH NEW ETF ADVANCE AND THE SEC SIGNALS APPROVAL! 🐶💰
📢 ¡The most beloved memecoin, Dogecoin (#DOGE ), is one step closer to financial elite! 🚀 Bitwise has made a masterstroke by submitting an amended version of its S-1 form to the SEC, including the crucial feature of "in-kind" creation and redemption of funds! This means investors could directly exchange their $DOGE for shares of the ETF and vice versa, without going through cash! 🤯 More efficiency and less taxes! 📈
This move, five months after Bitwise's initial application, is pure gold: the SEC is actively interacting, which in the regulatory world is interpreted as a positive sign of approval! ✅ If this ETF sees the light, investors will have direct exposure to the price of DOGE through a traditional brokerage account, avoiding the complications of individual custody! 🔒 And not just Dogecoin, Bitwise has also amended a similar application for an Aptos (APT) ETF! 💥
Meanwhile, the SEC remains silent, but the anticipation is at its peak! Other competitors like Rex Shares and Osprey Funds are also in the race to launch their own DOGE ETF.
🤔 Do you think the approval of this and other "meme-ETFs" is the definitive step for the total legitimization of cryptocurrencies in traditional finance, opening the door to a wave of institutional capital? 👇💬
