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

Nate Gercai, President of ETF Store, highlighted the surprising absence of filings for a Dogecoin ETF. In a January 15 post on X, he emphasized Dogecoin’s position as the seventh-largest digital asset by market capitalization.

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.