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Nasdaq Seeks SEC Nod To List 21Shares’ Proposed Spot Dogecoin ETF

  • Nasdaq has submitted a 19b-4 filing with the SEC to list a spot Dogecoin ETF managed by 21Shares.
  • The proposed Dogecoin ETF will operate as a passive investment product without leverage or derivatives.
  • Nasdaq claimed strong surveillance-sharing agreements will prevent potential manipulation in the underlying Dogecoin market.
  • Interest in altcoin-based ETFs has increased, with multiple firms seeking SEC's regulatory clearance for various crypto-related ETFs.

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