Nyse Arca officially presents the Bitwise Dogecoin ETF

• Nyse Arca presented a 19B-4 form for Bitwise Dogecoin ETF.
• The SEC is expected to make a decision in mid -October 2025.
• The price of Dogecoin has fallen 15% to $ 0.19 despite the optimism of the ETF.

Nyse Arca has taken a bold step by submitting the application to include Bitwise Dogecoin ETF. On March 3, 2025, the stock market presented a Application 19B-4 to the United States Stock Exchange and Securities Commission (SEC), a fundamental measure that could bring to the market a regulated investment product in Dogecoin.

If the SEC gives its approval, this fund quoted in the stock market (ETF) would allow institutional and retail investors to take advantage of Dogecoin potential without the complexities of directly possessing memecoin.

Nyse will be associated with Coinbase and Bank of New York Mellon for the ETF

Bitwise’s ETF Dogoin aims to simplify investment in cryptocurrencies by offering a family structure for those accustomed to traditional markets. Coinbase, a leader in cryptocurrency, has been chosen as a custodian of the Dogecoin of ETF holdings, which guarantees a safe management of digital assets.

Meanwhile, the Bank of New York Mellon will supervise cash custody and administrative tasks, which gives more credibility to the proposal. These associations underline a growing convergence of traditional finance and cryptographic space.

Market observers have more and more hope about the possibilities of approval of the ETF.

Polymarket, a prediction platform, currently shows a 67% probability that the DEC Green Light to the product, while Bloomberg analysts are even more optimistic, estimating the probabilities by 75% before the end of the year . Despite this optimism, the secure of the SEC on the cryptocurrency ETF remains unpredictable, although the recent withdrawal of several cases, including the Kraken case, could indicate a regulatory change under President Donald Trump.

Together with the ETF Bitwise, the SEC is also reviewing the Grayscale Dogoin Trust, and a decision is expected by mid -October 2025.

The approval of any of the products could mark a turning point, transforming Dogecoin of a phenomenon driven by memes into a legitimate investment vehicle. However, until the SC intervenes, price oscillations are likely to persist, which will keep nerve investors.

In addition, Dogecoin ETFs are not the only Altcoin products that compete for regulatory approval. Nasdaq also recently submitted a request to include the Grayscale Hedera Trust, which would track the Hbar price, the native token of Hedera.

Simultaneously, the SEC is also evaluating ETF proposals for the main Altcoins such as Cardano, Solana, Polkadot, Litecoin and XRP.

This wave of presentations suggests that both memecoins and established altcoins are gaining a space in the regulated investment panorama, potentially expanding the attractiveness of cryptoactive.

Dogecoin’s price collapses despite the rumor about the ETF

Interestingly, the presentation has not protected Dogecoin from the current turbulence of the cryptocurrency market. The memecoin has lost more than 15% of its value, falling to $ 0.19 as the broader volatility of cryptocurrencies took its toll.

The volume of Dogecoin operations has also fallen by 16.80%, indicating a pause in market activity.

This fall, according to the broader collapse of the cryptocurrency market, erased the profits caused by the enthusiasm for the announcement of the Cryptocurrency Reserve of President Donald Trump, which emphasizes that the speculation about the ETFs alone is not enough to boost the price of Dogecoin in an unstable market.