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Nasdaq Throws Doge a Bone: 21Shares ETF Filing Marks Crypto’s Wall Street Infiltration
Nasdaq Throws Doge a Bone: 21Shares ETF Filing Marks Crypto’s Wall Street Infiltration
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Wall Street’s crypto cold war ends with a whimper—Nasdaq just filed paperwork for a Dogecoin ETF. The meme coin that broke the internet now breaks institutional resistance.
Behind the ticker: 21Shares’ proposed ’DOGE’ fund would track the Shiba Inu-themed asset, giving regulated access to an instrument that’s 50% joke, 50% $20B market force. The filing comes as Bitcoin ETFs bleed assets—apparently gold 2.0 wasn’t shiny enough.
Why it matters: This isn’t just about Elon’s favorite joke currency. Approval would force the SEC to acknowledge what traders already know—crypto’s casino economics are now too big to ignore. Even when the house always wins.
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