Bitwise Amends Dogecoin and Aptos ETF Filings, Signals Possible SEC Engagement

In Brief:

Bitwise updates filings for Dogecoin and Aptos ETFs, possibly reflecting new SEC engagement.

Aptos' institutional success in Wyoming could boost its ETF prospects; Dogecoin adds in-kind creation/redemption clause.

Bitwise has amended its filings for the Aptos and Dogecoin ETFs, possibly signaling increased engagement with the SEC. The amendments come after Aptos made a breakthrough in Wyoming, securing institutional support, which could improve its chances of ETF approval. While Dogecoin hasn’t seen similar progress, the addition of a new clause allowing for in-kind creations and redemptions may be a key move, as it's a sought-after feature for ETF issuers. The changes could indicate that the SEC is open to such requests, though with over 70 altcoin ETF applications pending, nothing is certain. These updates mark positive signs for Bitwise's efforts in gaining approval for these altcoin ETFs.

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