Nasdaq Files for SEC Approval to List 21Shares Dogecoin ETF

Nasdaq has filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) seeking approval to list and trade shares of the 21Shares Dogecoin ETF.

On April 10, 21Shares submitted an S-1 registration with the SEC, in collaboration with the House of Doge, the corporate division of the Dogecoin Foundation, to help support the fund’s launch.

The ETF is designed to track Dogecoin’s performance as reflected by the CF DOGE-Dollar US Settlement Price Index, with adjustments for the fund’s expenses and liabilities. It will operate as a passive investment vehicle, directly holding DOGE without leveraging or using derivatives or similar techniques to meet its investment objectives.

Coinbase Custody Trust will serve as the official custodian for the ETF, safeguarding the fund’s tokens.

This move follows the SEC’s delay in making a decision on Bitwise’s spot DOGE ETF application, with the review period extended until June 15.