
Title: 21Shares Files for Dogecoin ETF in U.S. as Crypto Market Eyes Institutional Momentum
In a move signaling growing confidence in the regulatory landscape, digital asset manager 21Shares has filed an application with the United States Securities and Exchange Commission (SEC) to list its Dogecoin ETF. This development marks a significant milestone in the cryptocurrency market’s pursuit of mainstream acceptance, as institutions increasingly seek exposure to altcoins like Solana, Litecoin, XRP, and now Dogecoin.
In recent months, 21Shares has been actively exploring applications for various altcoin-based exchange-traded funds (ETFs). The strategic timing of this filing underscores growing optimism regarding regulatory approvals in the evolving context. As institutional investors continue to eye opportunities in the crypto space, the likelihood of these approvals increases.
The collaboration between 21Shares and the House of Doge represents a structured partnership that unites institutional finance with the Dogecoin community. The Dogecoin Foundation has explicitly backed this ETP initiative on the SIX Swiss Exchange, and both parties are expected to jointly promote the U.S.-based ETF if approved.
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Source: https://www.cryptoninjas.net/news/21shares-files-for-dogecoin-etf-in-u-s-as-crypto-market-eyes-institutional-momentum/