21Shares Proposes Dogecoin ETF with SEC
- 21Shares has filed for a Dogecoin Exchange-Traded Fund (ETF) with the U.S. Securities and Exchange Commission (SEC).
- Coinbase, a leading cryptocurrency exchange, will act as the custodian for the Trust.
- The ETF aims to hold Dogecoin, providing institutional investors exposure to this cryptocurrency.
- This move is expected to boost Dogecoin’s adoption and increase inflows into its ecosystem.
- Donald Trump’s decision to pause reciprocal tariffs for 90 days has positively impacted the broader crypto market, including Dogecoin.
The filing by 21Shares for a Dogecoin ETF with the SEC involves Coinbase as the custodian, potentially increasing institutional interest in Dogecoin.
Source (2.6)https://coingape.com/21shares-files-for-spot-dogecoin-etf-with-us-sec/?rand=24432
