Nasdaq has submitted an S-1 type for the 21Shares Dogecoin ETF with the US Securities and Change Fee (SEC). This transfer formally kicks off the approval course of, with the Fee having to resolve whether or not or to not approve the fund, which is able to present institutional buyers entry to the highest meme coin.
Nasdaq Recordsdata To Checklist & Commerce 21Shares Dogecoin ETF
A Nasdaq filing has revealed that the trade has submitted an utility to the US SEC to checklist and commerce the 21Shares Dogecoin ETF. This transfer is critical, because the S-1 submitting formally begins the approval course of.
The SEC will then transfer to publish the submitting within the Federal Register and ask for public feedback on the submitting earlier than it decides to approve or deny. It’s value mentioning that asset manager 21Shares had earlier this month filed the 19b-4 type for its DOGE ETF. This transfer confirmed the agency’s intention to supply buyers publicity to the most important meme coin by market cap.
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