Bitwise，Dogecoin ETF和SEC的批准：我们还在吗？

Bitwise的更新的Dogecoin ETF申请，包括内在的赎回，信号对SEC批准的乐观态度。这是Doge ETF的曙光吗？

The world of crypto ETFs is buzzing, and the spotlight is on Dogecoin. Bitwise's recent moves, particularly their updated Dogecoin ETF filing with the SEC, have everyone wondering: are we finally on the verge of a Dogecoin ETF?

加密ETF的世界正在嗡嗡作响，众人瞩目。 Bitwise最近的举动，尤其是他们更新的Dogecoin ETF向SEC提交的备案，每个人都想知道：我们终于处于Dogecoin ETF的边缘？

In-Kind Redemptions: A Game Changer?

实物赎回：改变游戏规则？

Bitwise updated its filing to include in-kind creations and redemptions. This is a big deal because it allows broker-dealers to directly trade shares for DOGE tokens instead of cash. According to Bloomberg's ETF analyst Eric Balchunas, in-kind redemptions are practically a lock for spot crypto ETFs. Why? Because it's more tax efficient, and the SEC seems to be warming up to the idea.

Bitwise更新了其文件，包括实物创作和赎回。这很重要，因为它允许经纪交易商直接将股份交易为Doge代币而不是现金。根据彭博社的ETF分析师埃里克·巴尔库纳斯（Eric Balchunas）的说法，实物赎回实际上是现场加密ETF的锁。为什么？因为这是更有效的税收效率，而SEC似乎正在升温这个想法。

Why This Matters

为什么这很重要

Currently, U.S.-based crypto funds have to jump through hoops, exchanging tokens for cash and then cash for shares (or vice versa). In-kind redemptions streamline this process, making it more efficient and potentially more appealing to investors.

目前，总部位于美国的加密基金必须跳过篮球，将令牌交换现金，然后现金获得股票（反之亦然）。实物救赎简化了这一过程，使其对投资者更加有效，并有可能更具吸引力。

The SEC's Stance: Softening Up?

SEC的立场：软化？

There's a sense that the SEC is becoming more open to crypto ETFs, especially with a potential shift in administration. SEC Commissioner Hester Pierce even hinted that in-kind redemptions for crypto ETFs are “certainly on the horizon.” If it's kosher for Dogecoin, it's likely to be kosher for Bitcoin, which is a much bigger market.

从某种意义上说，SEC对加密ETF越来越开放，尤其是随着管理的潜在转变。 SEC专员Hester Pierce甚至暗示，对加密ETF的实物赎回“肯定会在地平线上”。如果是狗狗币的犹太洁食，那么比特币的犹太洁食可能是一个更大的市场。

Bitwise Leads the Pack

钻头领导包装

Bitwise was the first to file for a DOGE ETF back in January, and now they're leading the charge with these crucial updates. Other players like Grayscale and 21Shares are also in the game, but Bitwise's proactive approach is turning heads.

Bitwise是一月份第一个提交Doge ETF的人，现在他们以这些关键更新为领导。其他玩家也参加了游戏，但Bitwise的积极主动方法正在转弯。

The Experts Weigh In

专家体重

Bloomberg analysts Eric Balchunas and James Seyffart have raised the odds of a Dogecoin ETF approval to a whopping 90%. They think it's now a matter of “when,” not “if.” That's a pretty confident prediction, and it's based on the progress we've seen and the ongoing dialogue with regulators.

彭博分析师Eric Balchunas和James Seyffart将Dogecoin ETF批准的几率提高到90％。他们认为现在是“何时”的问题，而不是“如果”。这是一个非常自信的预测，它基于我们看到的进度以及与监管机构的持续对话。

What's Next?

接下来是什么？

The final deadline for the SEC to make a decision is October 17. That gives them several months to dot the i's and cross the t's. Will they give the green light? All signs point to yes, but in the world of crypto, anything can happen.

SEC做出决定的最后截止日期是10月17日。这给了他们几个月的时间来点击I's并越过T。他们会给绿灯吗？所有迹象都指向是，但是在加密货币世界中，任何事情都可能发生。

My Take: Buckle Up, Buttercup

我的看法：扣紧，毛cup

Personally, I think we're closer than ever to seeing a Dogecoin ETF. The inclusion of in-kind redemptions is a game-changer, and the SEC seems to be warming up to the idea of crypto ETFs in general. It feels like the stars are aligning for Dogecoin, and honestly, who wouldn't want to see a meme coin finally break into the big leagues of traditional finance? It's about time!

就个人而言，我认为我们比以往任何时候都更接近Dogecoin ETF。包括现实的救赎是一种改变游戏规则的人，而SEC似乎正在加深加密ETF的想法。感觉就像星星在为Dogecoin保持一致，老实说，谁不想看到模因硬币终于闯入传统金融的大联盟？是时候了！

So, keep your eyes peeled, folks. The next few months could be very exciting for Dogecoin and the entire crypto ETF landscape. To the moon... maybe with an ETF in tow!

因此，请睁大眼睛，伙计们。对于Dogecoin和整个加密ETF景观而言，接下来的几个月可能会非常令人兴奋。到月球...也许是拖曳的ETF！