Bitwise’s spot Dogecoin ETF could launch within 20 days through an automatic approval process, marking a significant milestone in crypto institutionalization. Bloomberg ETF analyst Eric Balchunas reported that Bitwise is utilizing Section 8(a) of the Securities Act, which allows registration statements to become effective automatically unless the SEC intervenes. This development occurs amid subdued DOGE prices, highlighting a disconnect between market performance and institutional adoption. Section 8(a) Strategy Accelerates DOGE ETF Timeline Bitwise’s approach leverages a regulatory pathway that bypasses traditional approval mechanisms
source: https://beincrypto.com/doge-etf-countdown-begins-bitwise-could-launch-in-20-days-price-still-crashing/