Nasdaq Files for Listing of Dogecoin ETF

The Nasdaq has formally submitted a request to regulators for permission to list a 21Shares exchange-traded fund (ETF) focused on the popular cryptocurrency Dogecoin. This move follows 21Shares’ April filing of an initial proposal, and comes amidst a wave of applications from other ETF providers like Bitwise and Grayscale. This listing request signals a potential step towards mainstream investor access for Dogecoin via an ETF structure. 21Shares is not alone in its pursuit; the asset manager has also requested SEC approval to list ETFs holding other cryptocurrencies, including Solana (SOL), XRP (XRP), and Polkadot (DOT). To proceed with this listing, Nasdaq must secure approval from the Securities and Exchange Commission (SEC). If approved, it could open Dogecoin to a broader range of investors. This is part of a larger trend in the US as more fund issuers are requesting listings for crypto-related ETFs after President Trump urged the SEC to take a friendlier stance towards cryptocurrencies following his second term’s start.