Digital Asset Manager 21shares presented the US Securities and Stock Exchanges Committee to launch a DOGECOIN exchange box, after a similar deposit from its BitWise and Grayscale competitors.
21Shares Dogecoin ETF will seek to track the price of Memecoin Dogecoin (Dodge), According to To indicate the company’s S-1 registration for the company on April 9. House of Dogy, Arm of Dogcoin Foundation, House of Doge, is planning to help 21shares in the box marketing.
He said 21shares Coinbase Nursery The proposed guardian will be for him Dogecoin etf But he did not specify a fee, indicator, or stock exchange that you will make.
source: James Sevart
21 Shares must submit the 19B-4 file to SEC to start the process of the organization’s organizer’s approval.
Doge currently has 24.2 billion dollars It is the eighth in the coded currency. It was created in 2013 as a joke of Lucky Coin, which is the same fork from Bitcoin.
The proposed Dogecoin ETF for 21shares is the latest effort for the company to expand its offers at Spot Crypto ETF, which currently only includes bitcoin spot (BTC) And the fragrance (EthFunding.
The source also submitted to the Supreme Education Council in February to launch the Polkadot spot (a point(ETF and last year, presented to create a XRP spot (Xrp) ETF.
Related to: Dogoin millions of people buy declines as DOGE PRICE collects by 30 %
The recent increase in Crypto ETF files reflects the “spaghetti cannon approach” from the exporters who test the products New SEC driving James Sevart, a Bloomberg analyst Ishnal, said in February, which could agree to this.
“The exporters will try to release many different things and know what sticks are,” said Sevart.
Sivott and his colleague Bloomberg ETF, analyst Eric Balunas, said in February that there was It is an opportunity 75 % SEC will agree to Spot Dogecoin ETF this year, while the platform is currentlymarkket It gives Approval possibilities of 64 %.
21 partners and partners of Doge for the DOGE boxes in Switzerland
21 shares also He said On April 9, she partnership with Doug House To launch a fully -backed dogecoin exchange product Switzerland six Swiss exchange.
The 21shares Dogecoin product will be traded under “DOGE” with “DOGE” with 2.5 % fee.
“It has become more than just an encrypted currency: it represents a cultural and financial movement that continues to increase the adoption, and Duja provides investors an organized means to be part of this exciting project,” said Dunkin’s head of 21shares Mawir said.
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