According to breaking news, the SEC has postponed its decision regarding the 21Shares spot Dogecoin ETF.
The institution also postponed the decision to add a staking feature to the Bitwise Spot ETF approximately an hour ago.
Nasdaq has filed Form 19b-4 with the U.S. Securities and Exchange Commission (SEC) in support of the listing of a new 21Shares Spot Dogecoin (DOGE) Exchange Traded Fund (ETF), according to a document dated April 29.
According to the document: “The Trust offers investors indirect access to the Dogecoin market through a traditional brokerage account, without the potential barriers or risks associated with direct access to Dogecoin or purchasing it on the Dogecoin spot market.”
There is a high probability that altcoin spot ETFs, including Dogecoin, will be approved in 2025.
*This is not investment advice.