Is Dogecoin About to Have Its Own Grand Entrance? Find Out! 🚀

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Well, darling delinquents of the digital realm, it seems that Bitwise Asset Management-those clever lads-are planning a bit of theatrical flair with their first US spot Dogecoin ETF set to debut around Tuesday, November 26. Yes, a proper little spectacle, all under the charming cloak of Section 8(a) of the Securities Act. It’s the sort of legal dance that makes a registration go live in twenty days-unless the SEC, that magnificent gatekeeper, decides to throw a spanner in the works. 💼✨

Our dear Bloomberg’s senior ETF whisperer, Eric Balchunas, flagged this sparkling maneuver. He quipped that Bitwise is “doing the 8(a) move,” which basically means-unless Uncle Sam decides otherwise-this should all be up and running in just three short weeks. Fancy that! 🎩🎉

Tick-tock Goes the Dogecoin Clock

Now, for the uninitiated: the magic of Section 8(a) hinges on a simple yet devilishly effective trick. When a firm strips the usual fuss and fussing from its S-1 registration, and tags it with “in accordance with Section 8(a),” it’s like waving a magic wand-setting the process in motion for automatic approval after 20 days. Of course, if the SEC fancied a little party pooper-oh, pardon-they could intervene, delay, or insist on more paperwork, but hey, where’s the fun in that? 🎭

And just to sprinkle some context: last September, our friendly regulatory overlords decided to make life easier for spot digital-asset ETFs by streamlining their standards-no more endless case-by-case battles, just a quick hop, skip, and a jump to approval. And in October, a parade of crypto ETFs trotted out, making history with a wink and a nudge, dropping their delays and jumping in without waiting for the official thumbs-up. 🥂

Remember those October tactics because they’re the blueprint for Dogecoin’s upcoming debut. On October 28, Bitwise’s Solana Staking ETF (ticker: BSOL)-quite the mouthful-began trading on the NYSE, offering a cozy little exposure to SOL with staking in tow. And just hours later, HBR, a Hedera token, also made its grand entrance on Nasdaq, proving you don’t need size to make waves in the regulatory pool. 🌊

These launches, dear reader, all happened while the SEC’s capacity was a tad strained. The common thread? Removing delaying amendments and letting those S-1s run their course without a fuss. And so, Balchunas’s prediction-“about 20 days”-sounds more than plausible, echoing what we saw in October. No fuss, no fanfare, just a clock ticking down to a bustling little market debut. ⏰

All eyes now on November 26, as Bitwise’s clock strikes zero-unless, of course, the SEC pulls a surprise or the government shutdown ends, allowing our regulatory friends full throttle. At that moment, DOGE’s price was strolling at $0.164. Time will tell if the meme-coin is about to make a splash! 💧🐕

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2025-11-07 17:53