Bitwise Asset Management signaled this week that a spot Dogecoin ETF could become effective in late November, with a possible launch date of November 26, 2025, if regulators do not intervene.
If the US Securities and Exchange Commission does not act during that period, the registration could become effective around November 26, 2025. That is why several outlets have used that specific date when describing the move.
Bloomberg ETF analyst Eric Balchunas said in a post on X (formerly Twitter) that Bitwise has taken out the “delaying amendment” from its S-1 filing.
The ETF’s net asset value would be tied to the CF Dogecoin-Dollar Settlement Price, the filing shows. Reports also indicate the product is expected to list on NYSE Arca, though a final ticker symbol and fee schedule have not been published.
Even with the 20-day clock ticking, approval is not guaranteed. The SEC can step in during that window to delay or require further disclosures, and officials have done so in other cases. Market participants also note that an effective registration is only one step.
Exchange listing mechanics, market-maker arrangements and custodial confirmations can affect when shares actually begin trading. As a result, an effective date and a trading launch date may differ.
A spot ETF for Dogecoin would be a continuation of a wave of spot crypto products that have sought to gain access to mainstream distribution. Reports indicate the move signifies heightened institutional demand to expand regulated access to altcoins in addition to Bitcoin and Ethereum.
Still, the filing itself warns of usual risks: token price swings, liquidity concerns and competition from other funds. No specific expense ratio or seed capital figures were disclosed in the filings cited by the press.
Featured image from WallpaperCG, chart from TradingView
