The U.S. Securities and Exchange Commission (SEC) has officially acknowledged a Dogecoin (DOGE) exchange-traded fund (ETF) application submitted by 21Shares. This action follows the SEC’s recent move to initiate review of Grayscale’s similar Dogecoin ETF filing in early February. This acknowledgment signifies that the regulatory agency has added the application to its public records and opened a formal review process. The SEC, which has up to 240 days to make a decision on the ETF submission, will ultimately determine whether it should approve or reject this particular application. Notably, SEC approval for Dogecoin ETFs is not guaranteed as similar Bitcoin ETFs took over a decade to be granted after numerous attempts. However, the current crypto-friendly SEC administration appears to be accelerating progress. Previously, in April, the SEC delayed their decision on Bitwise’s Dogecoin ETF applications. Further delays were also experienced when Grayscale’s filing was postponed. The agency typically offers four decision windows before reaching a final deadline. The deadline for 21Shares’ Dogecoin ETF application is January 9, 2026. According to Bloomberg, the SEC, now under the leadership of libertarian Paul Atkins, is likely to approve some spot-based altcoin ETFs in October. 21Shares entered the Dogecoin ETF race on April 10th.