Bitwise Aims to List Dogecoin ETF Within 20 Days, According to ETF Experts

On November 7, Bloomberg ETF expert Eric Balchunas revealed in a post on X (formerly Twitter) that Bitwise is advancing the '8(a) procedure' for its Dogecoin ETF. According to him, this procedure could lead to the ETF being approved within 20 days, provided there is no regulatory intervention. The '8(a) procedure' refers to the submission of Form 8-A, which, when combined with an S-1 registration statement without a delay amendment clause, utilizes an automatic approval mechanism without waiting for an explicit approval statement from the SEC (U.S. Securities and Exchange Commission). Typically, this method...