Crypto Innovation Continues: NYSE Arca Proposes Dogecoin ETF Listing

NYSE Arca, a major stock exchange, has filed a proposal with the U.S. Securities and Exchange Commission to list a new exchange-traded fund (ETF) tied to Dogecoin. The ETF, proposed by Bitwise Asset Management, would allow investors to gain exposure to Dogecoin’s price movements without directly holding the cryptocurrency. This move highlights the growing interest in crypto-based investment products. However, the SEC must approve the rule change before the ETF can launch, adding to the ongoing debate about how regulators should approach crypto-related financial products.