21Shares has applied for a spot ETF for Dogecoin! 🐶

- 21Shares has submitted an application to the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) linked to Dogecoin.
- The ETF will track the price of Dogecoin and will be custodied by Coinbase Custody.
- Designed as a passive investment vehicle, the fund will hold actual Dogecoin.
- The SEC continues to evaluate Dogecoin ETF applications.