Bitwise has registered for an ETF product tracking the world’s largest memecoin as the crypto subsector becomes more prominent within the market.

Bitwise Asset Management has reportedly filed for a Dogecoin (DOGE) exchange-traded fund (ETF). The company has registered “BITWISE DOGECOIN ETF” as a legal entity with Delaware’s Department of State’s Division of Corporations,

Another company has shown interest in memecoin ETFs as Bitwise took the first step toward issuing a $DOGE ETF, registering a Bitwise Dogecoin ETF entity in Delaware Wednesday.

As the US crypto industry embarks on a new chapter, Bitwise and CoinShares have filed to register a Dogecoin ETF with State of Delaware.

The crypto asset manager's latest business filing signals a potential expansion into a new category of ETFs made based around Dogecoin.

Crypto fund manager Bitwise Asset Management has officially filed for a Dogecoin (DOGE) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The news broke after the company submitted its registration to the Delaware Department of State’s Division of Corporations on Jan.