The U.S. SEC has acknowledged the Dogecoin (DOGE) ETF filing by 21Shares, initiating a review process that could extend to 240 days. This acknowledgment adds the application to the public record, but does not guarantee approval.
In recent months, the SEC has delayed approvals for Dogecoin ETF applications, including those from Bitwise and Grayscale. The previous history with Bitcoin ETFs shows that gaining approval can be a lengthy process. This new acknowledgment marks a step forward amid ongoing scrutiny.
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