In the US, Bitwise has updated its Dogecoin (DOGE) ETF application, increasing market anticipation for its potential approval.
The updated filing with the SEC includes provisions for in-kind creations and redemptions, allowing for direct DOGE usage. Analyst Eric Balchunas notes that such revisions often indicate positive feedback from the SEC. The approval probability for the DOGE ETF has risen to 90%, with a final decision expected by October 17.
Dogecoin's price has shown an upward trend, with increased community activity and trading interest. The price of DOGE is 0.165416 USD, with a change of -0.00 USD (-0.02%) compared to the previous close. The highest price of the day was 0.168302 USD, and the lowest was 0.162763 USD.