Nasdaq has submitted a filing to the U.S. Securities and Exchange Commission (SEC) requesting a rule change that would enable it to list shares of a 21Shares Dogecoin Exchange-Traded Fund (ETF). This ETF would track the price of Dogecoin, a popular cryptocurrency known as a meme token. The filing follows similar applications from Bitwise and Grayscale, both of which are also aiming to launch Dogecoin ETFs. The SEC is currently reviewing these applications, including Grayscale's, which could pave the way for regulatory approval of Dogecoin ETFs in the near future. Additionally, the Dogecoin Foundation has expressed support for the proposed ETF, highlighting its potential to integrate Dogecoin further into mainstream finance. Currently ranked eighth in cryptocurrency market capitalization, Dogecoin continues to gain traction, with its price recently rising by 6.3%.

Source šŸ”—