21Shares Files Dogecoin ETF with Nasdaq for SEC Approval

21Shares has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch a Dogecoin exchange-traded fund (ETF) on the Nasdaq stock market. This move aims to provide institutional investors, and potentially even retail investors, with direct exposure to DOGE. The filing signifies a step towards mainstreaming Dogecoin within the financial system. While initial market responses are subdued, potential investors await the SEC’s decision and subsequent impact on Dogecoin’s future.