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SEC Delays Decision on Dogecoin ETF, But DOJE Is Set to Launch

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Bitwise Dogecoin ETF until November 12, 2025.

This delay extends the review period as the agency reviews public comments and assesses concerns including volatility and liquidity.

The Bitwise ETF, which aims to list Dogecoin as a Commodity-Based Trust Share, must navigate the rigorous approval requirements under the Securities Exchange Act of 1934.

In contrast, a new Dogecoin ETF, DOJE, will commence trading soon, circumventing the SEC's typical vetting process by leveraging the Investment Company Act of 1940.

The launch of DOJE signifies a shift towards alternative regulatory paths for crypto exposure as it aims to provide investors with DOGE holdings without the same hurdles as its peers.

Market analysts are observing this bifurcation of the ETF landscape, where one product waits for traditional SEC approval while the other seeks to innovate within existing structures.

Currently, Dogecoin prices have shown resilience, maintaining a steady trading rate around $0.24, reflecting continued investor confidence despite regulatory uncertainties.

The SEC's upcoming deadline for the Bitwise ETF makes November a critical month for those invested in altcoin ETFs, with implications for future cryptocurrency listings.

As the market evolves, these developments highlight the increasing complexity and diversification of investment avenues available for cryptocurrencies.

Investors are keenly watching how the SEC's decisions will shape the landscape of crypto ETFs, potentially paving the way for broader acceptance and regulatory clarity.