Grayscale has filed an S-1 registration statement with the US Securities and Exchange Commission seeking approval for a spot Dogecoin ETF. The move adds another Dogecoin ETF to the slate already under SEC review, including filings from Bitwise and REX-Osprey. Other meme-coin ETF proposals under review include TRUMP, BONK, and Pudgy Penguins, underscoring the growing institutional push to bring meme-coin funds into the regulated ETF space.
The filing comes a day after the SEC delayed decisions on several Solana ETF applications from Bitwise, 21Shares, and VanEck, as well as a separate Dogecoin ETF proposal from 21Shares. Dogecoin has been underwhelming in the current cycle compared to its 2021 mania peak, when it briefly traded above $0.72. Since the start of the year, DOGE has mostly moved sideways in a narrow $0.15 to $0.25 range, with no major breakouts or breakdowns. It was last changing hands at $0.228, according toCoinGecko data.
Stablecoin giant Tether has dramatically escalated its enforcement activity after blacklisting 370 blockchain addresses and freezing approximately $514.64 million worth…
Crypto exchange giant Coinbase experienced a major service outage that disrupted trading, transfers, and exchange operations after…
Cross-chain messaging protocol LayerZero has publicly apologized for its handling of the massive Kelp DAO exploitthat drained approximately $292…
Executives from PayPal and Google Cloud said the future of “agentic commerce” — where AI agents autonomously buy goods,…
Crypto exchange giant Kraken is making a major move deeper into the U.S. financial system after its…
A major national security scandal has erupted in Taiwan after prosecutors indicted a Taiwanese news…