Nasdaq Files for SEC Approval to List 21Shares Dogecoin ETF
Nasdaq has submitted a 19b-4 form to the U.S. Securities and Exchange Commission (SEC), requesting approval to list and trade shares of the 21Shares Dogecoin ETF.
21Shares filed an S-1 registration with the SEC on April 10, partnering with the House of Doge, the corporate entity of the Dogecoin Foundation, to help promote the fund.
The ETF will track the performance of Dogecoin using the CF DOGE-Dollar US Settlement Price Index, with adjustments made for the fund’s expenses and liabilities. It will be a passive investment fund that directly holds DOGE, without using leverage, derivatives, or similar strategies.
Coinbase Custody Trust will act as the official custodian for the ETF, holding the fund’s tokens.
This filing comes shortly after the SEC delayed its decision on Bitwise’s spot DOGE ETF application, extending the review process until June 15.