Bitwise is moving towards the launch of a Dogecoin ETF! 📉 NYSE Arca has submitted a proposal for listing, which will give investors access to the meme coin on the exchange. The ETF will hold Dogecoin directly, rather than derivatives. Coinbase will act as the custodian of Dogecoin, while BNY Mellon will handle cash operations. Note: other companies, including Grayscale, are also targeting a Dogecoin ETF. Stay tuned for updates!