Bitwise Asset Management appears to have set the clock for the first US spot Dogecoin ETF to go effective as early as Tuesday, Nov. 26, after invoking Section 8(a) of the Securities Act—an approach that makes a registration statement automatically effective in 20 days unless the Securities and Exchange Commission (SEC) intervenes.

Bloomberg’s senior ETF analyst Eric Balchunas flagged the maneuver on Friday, writing: “Looks like Bitwise is doing the 8(a) move for their spot Dogecoin ETF, which basically means they plan on going effective in 20 days barring an intervention.”

Countdown For A Spot Dogecoin ETF Is Now Ticking

The legal basis rests on the mechanics of Section 8(a). When an issuer removes the standard “delaying amendment” language from its S-1 registration and specifies effe

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