In brief
- Bitwise’s amended Dogecoin and Aptos ETF filings signal progress, with Bloomberg’s Eric Balchunas citing improved engagement between issuers and the SEC.
- The analyst sees high approval odds, predicting Dogecoin, Aptos, and other altcoin ETFs could be cleared within two to four months, likely in staggered batches.
- Updated applications include in-kind creation features, a structure favored by issuers and seen as a strong regulatory green light for broader crypto ETF markets.
Bitwise Asset Management’s revised filings for spot Dogecoin and Aptos exchange-traded funds suggest growing momentum behind crypto ETF approvals, according to Bloomberg Senior ETF Analyst Eric Balchunas.
Speaking to Decrypt on Thursday, Balchunas said the updated prospectuses for separate spot Dogecoin and Aptos ETFs from Bitwise indicate warmer relations between fund issuers and the U.S. Securities and Exchange Commission, with more consistent engagement than seen ahead of the spot Bitcoin ETF approval in January last year.
“There’s been so much engagement,” Balchunas said. “It’s a completely new attitude fro
Go to Source to See Full Article
Author: James Rubin
