<ul><li>The US SEC has acknowledged the filing by 21Shares for a Dogecoin ETF, initiating a formal review process.</li><li>The acknowledgment does not mean approval but triggers a period of scrutiny and public comment lasting up to 240 days.</li><li>21Shares' proposed ETF aims to track Dogecoin's price with actual DOGE tokens, partnering with the Dogecoin Foundation's corporate arm.</li><li>Several other asset management firms have also applied for Dogecoin ETFs in the US, with a 63% to 75% chance of approval estimated by industry analysts.</li></ul>

Dogecoin ETF Race Heats Up As SEC Acknowledges 21Shares Filing

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