Dogecoin ETF Nasdaq Submits Second Application

Nasdaq Submits Second Dogecoin ETF Application for 21Shares

• Nasdaq submitted a second application to the SEC for a spot Dogecoin-ETF from 21Shares.
• The application is in the form of 19b-4, complementing a previously submitted S-1 form.
• Both forms require SEC approval to launch the ETF product.
• 21Shares plans to invest directly in Dogecoin, with Coinbase Custody as the custodian.
• Grayscale Investments and Bitwise have also filed for similar ETFs, but their reviews were postponed by the SEC.

Nasdaq’s second application for a spot Dogecoin-ETF from 21Shares involves both a 19b-4 and an S-1 form, requiring SEC approval before launch. Coinbase Custody will manage asset storage.