Nasdaq Approves Listing for 21Shares Dogecoin ETF, Opening Doors to Mainstream Investment

The Nasdaq has taken a significant step towards expanding cryptocurrency investment accessibility by approving the listing of 21Shares’ DOGE ETF. The approval under Nasdaq Rule 5711(d) paves the way for trading of the exchange-traded product, which tracks the price of Dogecoin. This move follows the successful launch of the DOGE ETF with over $1.64 million in assets under management (AUM) and a substantial 17% year-to-date return. 21Shares has garnered significant attention for its success in launching an Ethereum-based ETP, demonstrating their expertise in navigating the complex regulatory landscape.