Nasdaq Goes Full Meme: Files for SEC Approval on 21Shares Dogecoin ETF

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Coindesk

Release Time:

2025-04-30 11:06:12

Nasdaq Seeks SEC Approval to List 21Shares Dogecoin ETF

Wall Street’s latest crypto play? Betting on the dog that never stops barking.

Nasdaq just lobbed a regulatory Hail Mary—filing paperwork with the SEC to list a spot Dogecoin ETF from 21Shares. Because nothing says ’serious financial instrument’ like an asset that started as a Shiba Inu joke.

This marks the exchange’s second attempt to drag DOGE into the institutional fold after last year’s rejected application. Because if at first you don’t succeed... pivot harder into meme territory.

The filing comes as DOGE trades 85% below its ATH—perfect timing for traditional finance to ’buy the dip’ with other people’s money. Expect fireworks if approved: either a legitimacy boost for joke coins or spectacular proof that markets have finally lost all sense of irony.

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