Bitwise’s Dogecoin ETF Cleared for Trading by NYSE Arca
NYSE Arca has given the green light for Bitwise’s Dogecoin ETF to launch today. This development comes in the wake of Grayscale’s fund making its debut on Monday but experiencing a sluggish start in the market.
Bitwise’s DOGE ETF Trading Commencement
The DOGE ETF by Bitwise is all set to kick off trading after receiving certification from NYSE Arca.
Market Response to Grayscale’s ETF
Following a full day of trading, Grayscale’s Dogecoin ETF encountered a slow beginning, prompting investors to look towards Bitwise’s offering.
CoinGape Reports on Latest Developments
For more insights and updates on the cryptocurrency market, visit CoinGape’s website.
Conclusion
With NYSE Arca’s approval, Bitwise’s Dogecoin ETF is ready to hit the trading floor today. Investors are keeping a close watch on how this new ETF will perform in comparison to Grayscale’s fund.