Bitwise Seeks DOGE ETF, Pepeto Eyes $5M

Bitwise Files for DOGE ETF, PEPETO Aims for $5 Million

Bitwise Asset Management has submitted an application to the Securities and Exchange Commission (SEC) for a Dogecoin (DOGE) exchange-traded fund (ETF). This move comes amidst renewed interest in DOGE, driven by Trump's re-election. Meanwhile, Pepeto, a cryptocurrency project with a unique narrative, is gaining traction and aiming to raise $5 million in its presale.

Pepeto's Rise in the Crypto Space

Pepeto has garnered attention with its distinctive story, tracing its origins to ancient civilizations. The project's narrative follows Pepeto's journey through historical periods, collecting six sacred documents: Power, Energy, Precision, Efficiency, Technology, and Optimization. According to Pepeto's team, these elements position the token as a revolutionary force in the digital financial landscape.

Pepeto is currently in its presale stage, with a token price of $0.000000108 and a total supply of 420 trillion tokens. At the time of writing, Pepeto has raised over $4.1 million, indicating strong investor interest.

Bitwise Files for DOGE ETF

Bitwise Asset Management has initiated the process of obtaining regulatory clearance for an ETF that tracks Dogecoin. The company is attempting to establish a regulated investment vehicle for the memecoin via its SEC filing.

DOGE has seen renewed support under Trump's administration, with the Department of Government Efficiency even displaying the coin's logo on its website. Trading at $0.325654, Dogecoin maintains a substantial market presence with $1.78 billion in daily trading volume.

Pepeto Exchange and Its Key Features

Pepeto is set to launch its own exchange, offering multiple advantages to traders and investors. Pepeto promises zero fees, ensuring cost-effective trading. Additionally, the exchange will not impose listing costs, enhancing liquidity for listed tokens.

Security remains a top priority, with the exchange implementing advanced asset protection measures. Users will be able to conduct transactions across several networks thanks to a cross-chain bridge, which will facilitate smooth blockchain integration. The exchange will reject tokens that are prone to scams to preserve reputation and create a reliable environment.