According to market information, ChainCatcher reports that 21Shares has submitted a Dogecoin ETF application to Nasdaq.
Based on the documents submitted by Nasdaq to the SEC, Nasdaq intends to list the 21Shares Dogecoin ETF under Rule 5711(d), with the trust managed by 21Shares US LLC and Coinbase Custody holding the Dogecoin assets, tracking the DOGE-USD fixing price index published by CF Benchmarks. The ETF will only be purchased and redeemed in cash, with each basket unit consisting of 10,000 shares. The trust will not use leverage or derivatives, nor will it engage in staking or yield generation.
