The prospect of a spot Dogecoin exchange-traded fund (ETF) is gaining traction, fueled by increased interaction between issuers and regulators, raising hopes for eventual approval.

发行人和监管机构之间的相互作用增加的促进的dogecoin交换基金（ETF）的前景正在受到关注，这引起了人们对最终批准的希望。

Recent filings reveal that Bitwise Asset Management has submitted amended applications to the U.S. Securities and Exchange Commission (SEC) for its proposed spot Dogecoin (DOGE) and Aptos (APT) ETFs.

最近的文件显示，Bitwise Management已将其修订的申请提交给美国证券交易委员会（SEC），以供其拟议的现场Dogecoin（Doge）和Aptos（APT）ETF。

Bitwise was among the first to file for a Dogecoin ETF in January, and these amendments reflect ongoing dialogue between issuers and the regulatory commission regarding the proposals. These updated filings also follow the SEC's recent decision to extend its review of Bitwise's Dogecoin ETF, citing the need for additional time to evaluate whether the product adheres to legal standards.

Bitwise是一月份最早提交Dogecoin ETF的人之一，这些修正案反映了发行人与监管委员会就提案进行的持续对话。这些更新的文件还遵循SEC最近的决定扩展对Bitwise的Dogecoin ETF的审查，理由是需要额外的时间来评估产品是否遵守法律标准。

A significant modification in the revised proposals is the inclusion of "in-kind" creation and redemption mechanisms, a feature absent from the original filings. This enhancement allows ETF shares to be exchanged directly for the underlying crypto asset, potentially improving tax efficiency and minimizing market impact.

修订后的提案中的一个重大修改是包含“实物”创建和赎回机制，这是原始文件中缺少的特征。这种增强功能使ETF股票可以直接交换为基础加密资产，从而有可能提高税收效率并最大程度地减少市场影响。

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Commenting on the amended filings, Bloomberg ETF analyst Eric Balchunas characterized the updates as encouraging, suggesting they indicate growing momentum surrounding spot crypto ETFs. He further noted that the inclusion of in-kind mechanics is a "huge update," likely to establish a positive precedent and become a standard practice.

彭博ETF分析师Eric Balchunas在评论修正的文件时，将这些更新描述为令人鼓舞的，这表明它们表明围绕现场加密ETF的动力增长。他进一步指出，包括实物力学是一个“巨大更新”，可能建立积极的先例并成为标准做法。

Earlier this month, fellow Bloomberg analyst James Seyffart estimated the approval odds for a Dogecoin ETF at 80%, and the heightened regulatory engagement suggests a plausible pathway to approval for the proposed investment vehicle.

本月早些时候，彭博分析师詹姆斯·塞法特（James Seyffart）估计，狗狗ETF的批准赔率为80％，而加剧的监管参与表明，拟议投资工具的批准途径合理。

Currently, firms like Grayscale and 21Shares are also vying for Dogecoin ETF approval, while Bitwise remains the sole issuer to have filed for an Aptos fund.

目前，诸如灰度和21shares之类的公司也正在争夺Dogecoin ETF批准，而Bitwise仍然是申请APTOS基金的唯一发行人。

The SEC is currently assessing numerous proposals for other spot ETFs, reflecting increasing institutional interest in altcoin-based products.

SEC目前正在评估其他现场ETF的众多建议，反映了基于Altcoin的产品的机构兴趣的增加。

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阅读更多：envesco和Galaxy提交S-1