21Shares submits application for Dogecoin ETF in the United States

According to Bloomberg analyst Jame Seyffart, following similar applications by competitors Bitwise and Grayscale, digital asset management company 21Shares has submitted an application to the U.S. Securities and Exchange Commission, planning to launch a Dogecoin spot exchange-traded fund. The 21Shares Dogecoin ETF will attempt to track the price of memecoin Dogecoin.

According to the S-1 form registration statement submitted by the company on April 9th, House of Doge under the Dogecoin Foundation plans to assist 21Shares in marketing this fund.