Nasdaq Files to List 21Shares Dogecoin ETF — A Step Toward Mainstream Adoption
In a recent move highlighting growing institutional interest in crypto, Nasdaq has officially filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) seeking approval to list and trade the 21Shares Dogecoin ETF. This development follows an S-1 registration submitted by asset manager 21Shares, in collaboration with the House of Doge — the Dogecoin Foundation’s corporate entity — to introduce a fund that directly holds DOGE.
The proposed ETF is designed to passively track the performance of Dogecoin based on the CF DOGE-Dollar US Settlement Price Index. Notably, the fund will not use leverage or derivatives. Coinbase Custody Trust is set to act as the fund’s custodian.
As regulatory discussions continue, this filing may mark a significant milestone in bringing meme-inspired digital assets like Dogecoin closer to traditional financial markets.