🎉 Great news from the crypto world! Digital asset manager from Zurich, 21Shares, has applied to the SEC to launch a spot-based Dogecoin ETF. This ETF will track the performance of the legendary meme coin, Dogecoin (DOGE), which is currently valued at $0.156.

- Coinbase Custody has been chosen as the fund custodian, although details such as the ticker and fees are still confidential.

- House of Doge Inc. will support the strategy and marketing of this Trust.

- Market predictions show a 64% chance of SEC approval, in line with Bloomberg's projection of 75% by 2025.

21Shares also announced an exclusive partnership with House of Doge to launch a Dogecoin ETP on the SIX Swiss Exchange.

What do you think about this move? Let’s discuss in the comments! 🚀