Crypto exchange-traded product (ETP) issuer 21Shares has announced the creation of a Dogecoin ETP that will be listed on the Zurich-based SIX Swiss Exchange under the "DOGE" ticker later this month.
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It is worth noting that this is the first ETP endorsed by the Dogecoin Foundation, the non-profit organization behind the popular meme coin.
A Dogecoin ETF has a 64% chance of being approved as soon as this year in the U.S., according to Polymarket bettors.
There are multiple pending filings, including from such major issuers as Bitwise.
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The original meme coin remains the eighth biggest cryptocurrency by market cap, according to CoinGecko.
Vladislav Sopov
Dan Burgin