Source: https://cointelegraph.com/news/21shares-files-spot-dogecoin-etf-us-follows-bitwise-grayscale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Digital asset manager 21Shares is making moves in the cryptocurrency world with its recent filing with the US Securities and Exchange Commission to launch a spot Dogecoin exchange-traded fund (ETF). This development follows similar filings from competitors Bitwise and Grayscale, signaling a growing interest in bringing Dogecoin to traditional financial markets.

The 21Shares Dogecoin ETF aims to track the price of the popular memecoin Dogecoin (DOGE), as outlined in the firm's Form S-1 registration statement filed on April 9. The Dogecoin Foundation's corporate arm, House of Doge, is set to collaborate with 21Shares to market the fund. Additionally, Coinbase Custody has been designated as the proposed custodian for