The SEC has confirmed the acceptance of the DOGE ETF application
The U.S. Securities and Exchange Commission (SEC) has confirmed the acceptance of Grayscale and NYSE filings for 19b-4 applications to establish DOGE ETFs.
NYSE Arca has filed with the SEC for a modified rule change to list and trade Grayscale Dogecoin Trust (GDOG) stock on its exchange, according to SEC filings. The trust is operated by Grayscale Investments and custody of Dogecoin (DOGE) by Coinbase Custody. The trust's investment objective is for its share value to reflect the DOGE price and relies on the CoinDesk Dogecoin Price Index (DCX) for pricing. Currently, the trust has a management fee of 2.5%. The application is still subject to SEC approval and public comment proceedings.
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