The clearest signal came after Grayscale updated its Dogecoin ETF filing, which started a 20-day countdown under the SEC’s new fast-track listing rules. These rules allow certain crypto ETFs to go live without the lengthy and restrictive approval process that previous products faced.
Unless the SEC steps in with an objection, the end of this 20-day window will become the launch date of the proposed ETF. Based on the timing of Grayscale’s amendment, the first Spot Dogecoin ETF could debut as early as Monday, November 24.
His comment follows the expectation that the first Dogecoin ETF could go live before the end of November. Balchunas also shared the S-1 document image to show the structure of the filing that initiated the countdown.
That product went live under the same SEC listing framework now guiding Dogecoin’s filing. Its smooth debut confirmed that the new process is functioning as intended, with issuers able to bring crypto ETFs to market far more quickly than in earlier cycles. This sets a meaningful precedent because Dogecoin is next in line to benefit from that same pathway.
Although Grayscale is expected to launch first, it may not remain the only DOGE ETF for long. Bitwise submitted an amendment to its own DOGE fund earlier in November, which activated a similar 20-day timeline. If the schedule holds, Bitwise’s Spot Dogecoin ETF could list the following week.