21Shares Seeks SEC Approval for Dogecoin ETF, Expanding Crypto Investment Options

Crypto exchange-traded products firm 21Shares has taken a significant step towards bringing Dogecoin to the mainstream investment landscape by filing an application with the Securities and Exchange Commission (SEC) for a dedicated Dogecoin ETF. This bold move follows similar filings from companies like Grayscale and Bitwise, further accelerating the potential for wider access to crypto investments. The company aims to launch the product as part of a broader strategy, aiming for SEC approval through a follow-up S-1 application and a 19b-4 form in the coming months.