21Shares Seeks Nasdaq Approval for Dogecoin Spot ETF

21Shares, a leading digital asset manager, has officially filed with Nasdaq to launch a spot Dogecoin ETF. This move marks a significant step towards bringing the popular meme coin into the mainstream financial landscape in the United States. 21Shares’ filing is expected to initiate a crucial regulatory approval process by the SEC, paving the way for trading of the ETF on U.S. exchanges. 21Shares aims to list this unique spot Dogecoin ETF in the U.S., holding physical Dogecoin assets as opposed to other ETFs in the market. The partnership with Nasdaq and Coinbase ensures efficient coordination and handling of funds once approved.