News View Non-AMP

Bitwise Amends S-1 Filings for Spot Dogecoin ETF and Aptos ETFs: Approvals on Track?

Published by
Steve Muchoki

Bitwise Asset Management filed amended S-1 registration statements with the United States Securities and Exchange Commission (SEC) for its proposed spot Dogecoin ETF and Spot Aptos ETF. The amended S-1 filing follows the June 12, 2025 delay from the U.S. SEC on the spot Dogecoin ETF, whereby the agency cited market risks and investor protection concerns. 

According to the amended S-1 filing, Bitwise introduced in-kind creations and redemptions to enable authorized participants to exchange shares directly for Dogecoin. With the increased engagement between the U.S. SEC and fund managers, Bloomberg analysts, led by Eric Balchunas, estimate a 90 percent approval probability by the end of October 2025. The next step after this would be the intended exchanges filing for Form 19b-4 with the U.S. SEC.

Market Impact on Dogecoin and Aptos

The filing of amended form S-1 filings for Bitwise spot Dogecoin and Aptos ETF is a clear indication that the agency is looking to approve several similar products in the near future. As Coinpedia reported, the U.S. SEC has engaged with fund managers seeking to offer spot Solana ETFs.

Before the approval of the spot Bitcoin ETFs last year, the U.S. SEC engaged the fund managers in a similar manner as it has engaged with altcoin ETF issuers in the recent past.

The imminent approval of the spot Dogecoin and Aptos ETFs could follow a similar pattern to Ethereum’s, which recorded bearish sentiment after the final approval. Moreover, the spot altcoin ETFs have shown characteristics of an exit market from institutional investors.

Meanwhile, both altcoins continue to have a midterm bearish outlook, especially after BTC’s price struggled to rally consistently beyond $110k in the past few weeks.

Steve Muchoki

Steve is a crypto news writer with a passion for decoding market moves. He blends breaking blockchain news with sharp technical analysis and bold price predictions. From Bitcoin rallies to altcoin breakouts, Steve breaks it all down with clarity and insight. Whether you're a trader or just curious, his analysis keeps you ahead of the curve.

Recent Posts

XRP’s $5 Target Attracts Attention, But Ozak AI’s $1 Launch Goal Could Deliver 100x

Crypto markets are buzzing with bold predictions as the bull cycle continues to unfold, and…

August 31, 2025

Layer Brett Overtakes Shiba Inu and Pepe Coin Hype As Experts Discuss 25,000% Potential

Meme coins haven’t lost their charm, but they’ve definitely evolved. Shiba Inu and Pepe Coin…

August 31, 2025

Solana and Cardano Price Targets For Late 2025 and The Breakout Crypto Eyeing 3500% Gains

Late-2025 is shaping up to be a big test for the majors. Solana has traders…

August 31, 2025

Major XRP Price Prediction, Latest Pi Network News and The Crypto Being Called The Next PEPE Coin

From bold XRP price prediction headlines to fresh Pi Network news, 2025 has no shortage…

August 31, 2025

Pi Network News: Why 50% Of Crypto Holders Expect PI Price To Crash In 2026 As New Lows Expected In September

Crypto investors are keeping a close eye on Pi network updates, as nearly 50% of…

August 31, 2025

Cardano Price Vs Top Trending Altcoin Remittix: ADA Whales Back New $RTX As Real Utility Altcoin Hits $22.3M

The Cardano Price has been in the spotlight this week, with the project nearing possible…

August 31, 2025