The post Bitwise Updates Spot Dogecoin, Aptos ETF Filings appeared on BitcoinEthereumNews.com.

Bitwise updates spot ETF filings for Dogecoin and Aptos, signaling progress. Inclusion of in-kind creations in filings marks a milestone for spot crypto ETFs. Major firms join Bitwise in updating filings following SEC’s regulatory guidance. Bitwise Asset Management has taken a new step in its crypto journey. It recently updated its filings for two exchange-traded funds (ETFs)—one for Dogecoin and the other for Aptos. These changes were executed in updated S-1s offered to the U.S. Securities and Exchange Commission (SEC). Eric Balchunas, a senior ETF analyst at Bloomberg, also described this as a good step because it implies that the application is finally being looked at by the SEC. Bitwise Aligns ETF Filing with CLARITY Act Rules A substantial alteration to the new filings is the mention of in-kind creations and redemptions. Simply put, this means that shares used in an ETF can be exchanged with the underlying asset without the need to convert them to cash. It is a typical procedure in conventional ETFs and is regarded as a significant triumph in the case of the spot crypto ETFs. Balchunas even termed this as a near-lock signal that in-kind trading of spot crypto ETFs is about to become a reality across the board. Besides, the filing is facilitated by the structure of the CLARITY Act which encourages innovation and demands substantial disclosures. The fact that Bitwise has decided to incorporate such aspects will demonstrate its readiness to comply with the emerging regulatory demands, and the attitude of the SEC to changes in the crypto market as well. Other large organizations such as Fidelity, Franklin Templeton, VanEck, Galaxy Digital, and Grayscale have filed the like updates in recent days. Specifically, Fidelity submitted the first Solana-based ETF S-1, a landmark moment in the crypto sector. These firms are collaborating to introduce…

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Filed under: News - @ June 27, 2025 10:26 pm