Nasdaq Files to List 21Shares DOGE Spot ETF

According to a report by Foresight News, documents submitted by Nasdaq to the SEC reveal that Nasdaq intends to list and trade the 21Shares Dogecoin ETF under Rule 5711(d). The trust is managed by 21Shares US LLC, with Coinbase Custody serving as the custodian for Dogecoin assets, tracking the DOGE-USD settlement price index published by CF Benchmarks. The ETF will only allow for cash subscriptions and redemptions, with each basket consisting of 10,000 shares. The trust does not use leverage or derivatives and does not engage in staking or yield generation.