US -based investment company 21sharesThe US Securities and Stock Exchange Commission (SEC) has applied to the US Securities and Stock Exchange Commission (SEC) to follow the price of Dogecoin’s price. Application, who wants to create a dogecoin -oriented ETF Bitwise And Grayscale It came after the application of companies such as. 21shares Spot Dogecoin ETF‘Si will undertake the storage service of Coinbase Custody, but the company has not yet clarified the details such as stock market, ETF code or service fees that will be listed. The “Form 19b-4” file required for the SEC approval must be available. For the time being, the application is still in the initial stage.
Market expectations are high for Spot Dogecoin ETF
In recent months in the crypto currency world ETF Applications were almost an explosion. Following the approval of Bitcoin and Ethereum ETFs, dozens of Altcoin was applied to the SEC. Bloomberg ETF analyst James SeyffartHe said that the “spaghetti tactic için to see which products of the new SEC management of companies can approve.
Seyffart, especially Dogecoin ETFStating that the probability of getting approval from the SEC is around 75 percent, the betting platform Polymarket It predicts this possibility as 64 percent.
Dogecoin is currently the world’s eighth largest crypto currency with a market value of approximately $ 24.2 billion (also seventh largest seventh. altcoin‘i) position. Initially, the crypto currency, Bitcoin’s side chain, was derived from Lucky Coin. DogcoinHe has seen and continues to see serious investor interest with the influence of popular culture and financial initiatives.
21shares launched the Dogecoin investment product in Europe
21shares, on the other hand, is looking to increase Dogecoin’s influence in European markets. The company recently Dogecoin FoundationIn partnership with the corporate unit of the corporate unit of House of Dog, the Swiss SIX stock exchange was fully supported Dogecoin stock market investment product. The product, which will be traded with the code “Doge”, was presented to investors with an annual 2.5 percent fund management fee.
21shares President Duncan MoirHe said that Dogecoin is not just a crypto currency, but also became a symbol of a cultural and financial movement. Moir relys on the potential of Dogecoin by offering an investment option for investors.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
