Bitwise has filed a registration for a Dogecoin-ETF

Bitwise has filed a registration in Delaware for a possible Dogecoin ETF. This was confirmed by the asset manager in a statement to the U.S. crypto platform The Block.

Bloomberg analyst James Seyffart later confirmed the application via a tweet. He added: "This is just a registration for a trust. It is not yet an official ETF application to the SEC. At least, not yet!"

Earlier this week, Miami-based REX Shares announced ETF applications for both Dogecoin (DOGE) and TRUMP tokens. ETF analyst Eric Balchunas stated on Platform X:

Dogecoin share price responds with drop despite news

Despite this bullish news, Dogecoin's price fell more than three percent during the day. Recently, the website of Elon Musk's social media platform, which displayed the DOGE logo, caused the memecoin's price to temporarily rise.

More ETF filings expected after SEC chief departs

Following the recent departure of SEC Chairman Gary Gensler, analysts expect a wave of new ETF filings. "Currently, there are 33 crypto-ETFs filed with the SEC. Since Gensler's departure last Friday, that number has doubled. I wouldn't be surprised if that rises to 50 within a week or two," Balchunas said.

The SEC's newly created crypto task force, led by Commissioner Hester Peirce, could be more positive about approving crypto-ETFs than former SEC chief Gensler. Experts therefore expect spot ETFs for Solana (SOL), XRP and Litecoin (LTC) to be approved before the end of this year.