Amended filings for Bitwise's Dogecoin and Aptos ETFs indicate progress towards approvals, according to Bloomberg's Eric Balchunas. The revised prospectuses suggest improved interaction between fund issuers and the SEC, marking a more collaborative attitude. Balchunas emphasizes the substantial engagement from the SEC, contrasting with the previous Bitcoin ETF approval process. He predicts a 90% chance that Dogecoin, Aptos, and other altcoin ETFs will receive approval within two to four months, with staggered decisions. The updated applications include in-kind creation features, viewed favorably by regulators, which would streamline asset exchanges for ETFs. This activity follows a recent surge in altcoin ETF applications, spurred by the successful approval of Bitcoin and Ethereum funds. Other recent applications include a Solana-focused fund by Invesco and a proposal to list Pudgy Penguins tokens. Overall, optimism prevails regarding increasing acceptance of altcoin ETFs by the SEC.

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