3 Jul 2025
📈Nasdaq Proposes Rule Change for 21Shares Dogecoin ETF Trading
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Shares of the 21Shares Dogecoin ETF Under Nasdaq Rule 5711(d) (Commodity-Based Trust Shares)
Summary
The Securities and Exchange Commission has extended the review period for Nasdaq's proposed rule change to list and trade shares of the 21Shares Dogecoin ETF. This decision allows for further consideration of the proposal and reflects the ongoing evolution in cryptocurrency investment within regulated markets, highlighting industry interest in innovative financial products.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document indicates a proposed rule change by Nasdaq to list and trade the 21Shares Dogecoin ETF. This has direct implications for business owners in the financial and investment sectors, particularly affecting companies involved in cryptocurrency and ETF investments.