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BitWise Dogecoin ETF awaits SEC decision after NYSE Arca

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NYSE has made a proposal change in the base to the BitWise Asset Manegement.

19B-4 presentation It was presented in March. 3 to the US Securities and Stock Exchange Committee (SEC). If approved, it will allow NYSE Arca to include the document box to DOGE and provide each of the retail investors and institutions that are exposed to the largest Mimi currency according to the maximum market.

Dodge

BITWISE DOGECOIIN ETF can become one of the first American investment funds focus on meme

Yesterday’s presentation by NYSE Arca comes after BitWise presented the S-1 registration form with SEC at the end of January this year.

According to the file, Coinbase, which leads us Crypto Coinbase, will be the guardian of the proposal Dokwin ETF. Meanwhile, New York Melon will be responsible for the agency’s jobs, management and cash transfer.

If the box gets green light, Dogoin ETF will become one of the first investment funds in the United States that focuses on Meme.

SEC’s schedule to decide on ETF DOGECOIN has already started

The NYSE Arca file comes to change the proposed rule yet second GrayScale files for Dogecoin Construction were recognized on February 13. This recognition started with the regulatory schedule to make a decision, with a possible deadline in mid -October.

From the perspective of the price, Dog’s reaction to the last deposit that Nyse Arca did. In the hours that followed the exchange file, the encryption market underwent a sharp correction.

Dogecoin has achieved more than 12 % in the past 24 hours, raising its price to $ 0.1921 from 2:07 am US EST. This sharp decline was sufficient to push the weekly performance of Mimi to more than 7 % in red, according to Coinmarketcap.

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