The Dogecoin ETF approval timeline has officially begun. Bitwise has triggered a 20-day countdown, set to end on November 26. This bold strategy, aiming for Dogecoin ETF approved, puts pressure on the U.S. Securities and Exchange Commission (SEC) to intervene or allow automatic approval. By removing the delaying amendment under Section 8(a), Bitwise demonstrates confidence that regulators will treat Dogecoin similarly to Bitcoin and Ethereum, potentially opening Wall Street access to the popular meme coin.
The firm has taken a decisive step towards bringing Dogecoin to Wall Street. Its latest filing indicates that the proposed Dogecoin ETF could become effective around November 26, unless the SEC intervenes. If the agency remains silent, the Bitwise Dogecoin ETF will automatically go live. This strategy shows a great deal of confidence in Dogecoin as a mature digital asset. The filing uses a regulatory process called the Section 8(a) pathway under the U.S. Securities Act of 1933. Normally, ETF applications include a “delaying amendment” specification, which gives the SEC control over when approval happens. Bitwise removed that clause in its latest submission, meaning the filing will become effective automatically after 20 days unless the SEC stops it.
Since Bitwise made its filing on November 6, the countdown ends on or around November 26. This decision puts pressure on the SEC to act fast if it wants to delay or deny the product. The strategy is similar to moves used earlier in the year during the successful rollout of spot Bitcoin and Ethereum ETFs. Analysts believe Bitwise’s action shows confidence that it has addressed all regulatory concerns. The company seems certain that the SEC will allow the ETF to proceed without interference.
Why is the SEC unlikely to intervene in the Dogecoin ETF approval?
Market observers say the SEC has little reason to block this product. Bloomberg ETF analyst Eric Balchunas explained that Bitwise’s use of the 8(a) mechanism shows trust that the Commission will stand down. The SEC’s stance on crypto ETFs has changed a great deal in recent years. Spot Bitcoin and Ethereum ETFs already trade on major exchanges, and the Commission also recently approved funds tied to altcoins such as Solana (SOL), Litecoin (LTC), and Hedera (HBAR). In other words, blocking Dogecoin now would require strong legal justification for treating it differently.
The launch of this ETF would be a major milestone for the digital asset market. It would confirm Dogecoin’s place among the limited group of cryptocurrencies with approved spot ETFs. Furthermore, it would set a precedent for the approval of other altcoin ETFs, driving new institutional capital inflows and stabilizing DOGE’s historically volatile price.
