{"id":148262,"date":"2025-02-01T14:00:01","date_gmt":"2025-02-01T12:00:01","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=148262"},"modified":"2025-02-01T12:20:36","modified_gmt":"2025-02-01T10:20:36","slug":"grayscale-pushes-for-dogecoin-etf-as-competition-grows","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/grayscale-pushes-for-dogecoin-etf-as-competition-grows\/","title":{"rendered":"Grayscale Pushes for Dogecoin ETF as Competition Grows"},"content":{"rendered":"
This follows Grayscale\u2019s announcement of its Dogecoin Trust earlier the same day.<\/p>\n
The proposed ETF<\/a><\/strong> would allow investors to gain exposure to Dogecoin<\/a> <\/strong>without holding the asset directly. Custody services would be provided by Coinbase Custody Trust, while BNY Mellon would handle administration. The SEC now has 45 days to review the request, though the timeline could be extended up to 90 days.<\/p>\n Grayscale has been expanding its ETF portfolio, recently filing to convert its XRP Trust into an ETF and exploring similar products for other altcoins like Litecoin and Solana. The firm previously won a legal battle against the SEC in 2023, which led to the approval of spot Bitcoin and Ethereum ETFs.<\/p>