#DOGECOIN Breaking: Spot Dogecoin ETF Advances to Review Stage; DOGE Price Spikes

Amid growing push for new crypto products, the 21Shares' spot Dogecoin ETF filing is now at its review stage, setting DOGE price up for rally

Highlights

21Shares has joined the likes of Grayscale Investments awaiting decision on Dogecoin ETF application

Dogecoin price is in rebound mode following the DOGE ETF acknowledgment by US SEC

Odds of crypto ETF approvals is high, but regulatory uncertainties still abound

The United States Securities and Exchange Commission (SEC) has officially acknowledged the spot Dogecoin ETF filing from 21Shares, an update that has set the DOGE price on a bullish ride. This acknowledgement officially sets the 21Shares DOGE ETF product on the commission’s timeline for approval. Notably, the commission can take up to 240 days to approve or reject the ETF proposal.