Crypto index fund manager Bitwise has submitted a filing for a Dogecoin ETF, prompting analyst Ali Martinez to say it could fire DOGE to $15.

Nate Gercai, President of ETF Store, highlighted the surprising absence of filings for a Dogecoin ETF. In a January 15 post on X, he emphasized Dogecoin’s position as the seventh-largest digital asset by market capitalization.

Another company has shown interest in memecoin ETFs as Bitwise took the first step toward issuing a $DOGE ETF, registering a Bitwise Dogecoin ETF entity in Delaware Wednesday.

Bitwise Asset Management has reportedly filed for a Dogecoin (DOGE) exchange-traded fund (ETF). The company is said to have registered “BITWISE DOGECOIN ETF” as a legal entity with Delaware’s Department of State’s Division of Corporations,