Digital asset manager Grayscale is pushing ahead with its plan to launch a Dogecoin ETF. The company has filed an amended S-1 registration statement with the U.S. Securities and Exchange Commission, aiming to convert its existing Dogecoin Trust into an exchange-traded fund.
If approved, the ETF would list on NYSE Arca under the ticker “GDOG.” Coinbase has been named as the prime broker and custodian. The filing comes on the heels of the SEC’s recently relaxed standards for digital asset funds, which require futures trading on a regulated exchange for at least six months.
Grayscale notes that Dogecoin already meets this condition, giving the proposal momentum. The company is also revising its Ethereum Trust ETF application to align with the new rules, signaling a broader strategy to make all its funds compliant.
Analysts suggest that approval of a Dogecoin ETF could bring meme coins further into the mainstream, expanding Grayscale’s investor base.
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