29-4-2025 – Swiss-based asset manager 21Shares has lodged paperwork with the Nasdaq exchange for what could become the first-ever spot exchange-traded fund (ETF) centred on Dogecoin.
The prospective financial instrument, presently awaiting regulatory scrutiny, aims to grant institutional and retail investors alike straightforward access to the meme-inspired digital currency without the complexities of direct cryptocurrency ownership.
This bold initiative emerges amidst growing institutional interest in digital asset investment products, potentially blazing a trail for similar cryptocurrency-based offerings in traditional financial markets. Should regulatory authorities give their stamp of approval, this pioneering ETF would mark a watershed moment for Dogecoin, elevating its status from its humble origins as a light-hearted digital token to a serious investment vehicle traded on one of the world’s premier exchanges.
