On September 20th, The Block reported that Grayscale had filed an amended S-1 to convert its closed-end Dogecoin Trust into an ETF. According to the filing, Grayscale will select Coinbase as the prime broker-dealer and custodian for the Dogecoin ETF. If approved, the ETF would trade on the NYSE Arca Exchange under the ticker symbol GDOG. Previously, the NYSE Arca Exchange had submitted an application to trade the Grayscale Dogecoin Trust.
Meanwhile, NYSE Arca has also submitted a proposal to amend the Grayscale Ethereum Trust ETF and its “mini” version so that they can trade under the recently approved “Universal Listing Standards,” which would reduce the strict oversight of the U.S. SEC.
