Bitwise Amends Registration for DOGE and APT Spot ETFs: Crypto ETF Race Heats Up

## Bitwise Updates Registration for Dogecoin (DOGE) and Aptos (APT) Spot ETFs Bitwise, a prominent cryptocurrency asset management firm, has filed an amended S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot exchange-traded fund (ETF) encompassing Dogecoin (DOGE) and Aptos (APT). Bloomberg ETF analyst Eric Balchunas highlighted the updated filing, noting the inclusion of specific details pertaining to spot redemptions, a crucial aspect for ETF operation and investor accessibility. This amendment signifies Bitwise's continued efforts to gain regulatory approval for offering crypto ETFs to a wider range of investors. The SEC has been cautious in approving spot crypto ETFs, but growing institutional interest and pressure may eventually lead to approval. A successful DOGE and APT spot ETF could significantly impact the market by providing easier access and increased liquidity for these cryptocurrencies. Bitwise faces competition from other firms also seeking to launch crypto ETFs, making this a competitive and closely watched space. ```