Nasdaq Seeks SEC Approval for 21Shares Dogecoin ETF
- Nasdaq has filed with the SEC to list a 21Shares Dogecoin ETF.
- Bitwise and Grayscale have also submitted applications for Dogecoin ETFs.
- The SEC is already reviewing a rule change for Grayscale’s Dogecoin fund.
- The SEC acknowledged NYSE Arca’s application in February, initiating a 240-day review period.
- Dogecoin has a market capitalization of $76.3 billion, ranking as the eighth largest cryptocurrency.
The SEC is currently considering Nasdaq’s proposal to list shares of a 21Shares Dogecoin ETF, alongside similar applications from Bitwise and Grayscale. With Dogecoin valued at $76.3 billion, it remains a significant player in the cryptocurrency market.
Source (2.6)https://decrypt.co/316889/nasdaq-files-for-rule-change-to-list-21shares-dogecoin-etf?rand=52368