Asset supervisor 21Shares has filed with the US Securities and Alternate Fee (SEC) to supply a Dogecoin ETF. This growth comes simply because the Dogecoin value rebounds following a wave of sell-offs which noticed it drop to as little as $0.14.
21Shares Recordsdata For Dogecoin ETF With US SEC
21Shares has filed the S-1 form for its Dogecoin ETF with the US SEC. The asset supervisor turns into the third to file for a DOGE ETF, becoming a member of Grayscale and Bitwise. The subsequent step is for the asset supervisor, by means of an alternate, to file the 19b-4 type for this fund, which is able to formally kickstart the method in the direction of a possible approval from the Fee.
Curiously, this submitting comes on the identical day 21Shares launched its Dogecoin ETP on the SIX Swiss Alternate by means of its partnership with the Home of Doge.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto information author and editor who has coated subjects that minimize throughout a number of subjects and niches. Boluwatife has a knack for simplifying essentially the most technical ideas and making it simple for crypto newbies to know. Away from writing, He’s an avid basketball lover, a traveler and a part-time degen.
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