BTCC
/
BTCC Square
/
CoingabbarEN
/
Nasdaq Throws Dogecoin a Bone: Files for SEC Approval on First-Ever Spot DOGE ETF
Nasdaq Throws Dogecoin a Bone: Files for SEC Approval on First-Ever Spot DOGE ETF
9
2
Wall Street’s meme stock playground wants to legitimize crypto’s favorite joke—for a fee, of course. Nasdaq just submitted paperwork to list a spot Dogecoin ETF, betting the SEC’s Bitcoin ETF approval opened Pandora’s box for speculative assets.
The move comes after DOGE’s 2021 ATH frenzy, proving even ’worthless’ tokens get institutional attention when retail piles in. Critics call it a desperation play—Nasdaq’s crypto revenue dipped 12% last quarter as traders fled to offshore exchanges.
If approved, the ETF would let boomers buy DOGE without realizing they’re trading a cryptocurrency originally created to mock Bitcoin. The ultimate irony? BlackRock will probably launch a leveraged version within six months.
Nasdaq has officially asked the U.S. SEC to approve a new Dogecoin ETF. This (exchange-traded fund) would be created and managed by 21Shares, a big asset manager based in Switzerland. If approved, this would be the first-ever spot ETF that... Read More
By:
Previous
21Shares Files for DOGE Spot ETF Listing – New Crypto Contender Emerges
Next
Xenea Wallet’s April 30 Quiz Drop—Solve It, Pocket $Gems Before the Bots Do
