NYSE Arca Seeks Approval for Grayscale’s Spot Dogecoin ETF
- NYSE Arca filed a 19b-4 form with the SEC to convert Grayscale’s Dogecoin Trust into a spot ETF.
- The proposed ETF would offer investors exposure to Dogecoin without direct ownership.
- Coinbase Custody Trust Company will act as custodian, and BNY Mellon will manage administration duties.
- Grayscale aims to expand its ETF offerings, including XRP and Litecoin ETFs.
- The firm previously secured regulatory approvals for spot Bitcoin and Ethereum ETFs.
Grayscale is actively expanding its cryptocurrency ETF portfolio, with NYSE Arca filing for approval to list a spot Dogecoin ETF, following recent successes with Bitcoin and Ethereum ETFs.
Source (2.6)https://cryptobriefing.com/grayscales-dogecoin-etf-nyse-arca/?rand=59535