Nasdaq has sought approval from regulators to list a 21Shares exchange-traded fund (ETF) that holds the popular memecoin Dogecoin, according to filings.
This follows 21Shares' initial proposal on April 10, shortly after Bitwise and Grayscale filed similar applications.
The asset manager is also seeking approval for ETFs holding cryptocurrencies such as Solana, XRP, and Polkadot.
Nasdaq needs the Securities and Exchange Commission’s (SEC) approval to list and trade the fund. This regulatory review could make Dogecoin accessible to a wider range of investors through an ETF structure.