🚨 BREAKING: Bitwise Files Major Updates to $DOGE coin & Aptos Spot ETF Plans
Bitwise has amended its S‑1 filings for both the spot Dogecoin and Aptos ETFs, adding in‑kind redemption/creation features — a massive regulatory upgrade .
In‑kind redemption enables authorized participants to swap ETF shares directly for DOGE/APT tokens — improving tax efficiency and reducing market friction .
Bloomberg’s 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.
📈 Why it matters:
Institutional influx & legitimization for DOGE & APT
Signals broader altcoin ETF greenlights ahead
Could spark new flows and reshape crypto market structure
