Nasdaq Requests SEC Greenlight to Launch 21Shares Dogecoin ETF.

Nasdaq Seeks SEC Approval for 21Shares Dogecoin ETF Listing

Nasdaq has submitted a 19b-4 filing to the U.S. Securities and Exchange Commission (SEC) in a bid to secure approval for listing and trading shares of the 21Shares Dogecoin ETF.

Asset manager 21Shares filed an S-1 registration with the SEC on April 10, in collaboration with the House of Doge, the corporate arm of the Dogecoin Foundation, to promote the fund.

The ETF will track the performance of Dogecoin, based on the CF DOGE-Dollar US Settlement Price Index, adjusted for the fund’s expenses and liabilities. As a passive investment vehicle, the ETF will directly hold DOGE and will not employ leverage, derivatives, or other similar strategies to achieve its investment objectives.

Coinbase Custody Trust has been designated as the official custodian for the ETF, responsible for holding the fund’s tokens.

This filing comes just after the SEC delayed its decision on Bitwise’s spot DOGE ETF application, extending the review period until June 15.