21Shares Submits Dogecoin ETF Filing in the United States

BlockBeats News, April 10th, according to Bloomberg analyst James Seyffart, following similar applications from competitors Bitwise and Grayscale, digital asset management company 21Shares has submitted an application to the U.S. Securities and Exchange Commission to launch a Dogecoin spot exchange-traded fund.

The 21Shares Dogecoin ETF will seek to track the price of the memecoin Dogecoin. According to the company's S-1 filing registration statement submitted on April 9th, the Dogecoin Foundation-affiliated company House of Doge plans to assist 21Shares in marketing the fund.