Nasdaq Files for Rule Change to List 21Shares Dogecoin ETF

Nasdaq has applied to the U.S. Securities and Exchange Commission for a rule change that would allow the exchange to list shares of a 21Shares exchange-traded fund based on the price of Dogecoin, according to a filing Tuesday. The 21Shares Dogecoin ETF would track the popular meme coin’s price, mirroring spot 21Shares followed crypto asset managers Grayscale and Bitwise as Dogecoin ETF hopefuls, Not too long ago, a Dogecoin ETF–and funds tracking other altcoins–might have seemed The SEC has already started its deliberations on the Grayscale 19b-4 filing. The SEC 21Shares, Bitwise, and Grayscale all seek to offer Dogecoin ETFs as commodity-based trusts, however, another Dogecoin ETF may be approved first. Miami-based Rex Shares The Dogecoin Foundation’s corporate arm, House of DOGE, With a market capitalization of $76.3 billion, Dogecoin is the eighth largest cryptocurrency by total value and the crypto industry’s preeminent meme coin, according to crypto data provider Edited by James Rubin