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Nasdaq Goes Full Meme: Files for SEC Approval on 21Shares Dogecoin ETF
Nasdaq Goes Full Meme: Files for SEC Approval on 21Shares Dogecoin ETF
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Wall Street’s latest crypto gambit puts a suit on the Shiba Inu. Nasdaq just lobbed a Dogecoin ETF application at the SEC—because nothing says ’serious financial instrument’ like a joke currency that started as a Bitcoin parody.
The move comes as institutional players keep scrambling to package retail-driven crypto assets into tidy regulated products. 21Shares, already a crypto ETF heavyweight in Europe, looks to bring DOGE’s volatility stateside with this proposed fund.
Will regulators bite? The SEC’s track record suggests skepticism—but with Bitcoin and Ether ETFs now trading, even meme coins might get their golden leash. Just don’t tell the ’diamond hands’ brigade this is how finance actually works.
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