Grayscale Files for Dogecoin Spot ETF

Dogecoin Spot ETF的灰度文件

Grayscale Investments has filed a 19b-4 form with the NYSE Arca to convert its Dogecoin Trust into a spot exchange-traded fund (ETF). This move signifies the growing institutional interest in Dogecoin (DOGE).

Grayscale Investments已向NYSE ARCA提交了19b-4表格，將其Dogecoin Trust轉換為現貨交易所交易基金（ETF）。此舉表明，Dogecoin（Doge）的機構興趣日益增長。

The application follows the establishment of Grayscale's Dogecoin Trust, which facilitates investor exposure to DOGE without direct ownership. Coinbase Custody Trust Company will serve as the custodian, while BNY Mellon will handle administrative responsibilities and act as the transfer agent.

該申請是在建立灰年的Dogecoin Trust之後的，該信託基金會促進投資者在沒有直接所有權的情況下接觸Doge。 Coinbase監護信託公司將擔任保管人，而BNY Mellon將負責行政責任並充當轉讓代理。

The SEC has a 45-day review period, during which it can approve, deny, or extend the review to 90 days. Regulatory approval is essential for ETF listings and could pave the way for increased institutional investment in Dogecoin.

SEC有一個為期45天的審核期，在此期間，它可以批准，拒絕或將審查擴展到90天。監管批准對於ETF上市至關重要，可能為增加Dogecoin的機構投資鋪平道路。

Grayscale's initiative aligns with the rising popularity of cryptocurrency ETFs, following the success of Bitcoin and Ethereum offerings. Bitwise and REX Shares have also filed for Dogecoin ETFs, indicating a competitive landscape for meme coin-based financial products.

在比特幣和以太坊產品的成功之後，Grayscale的倡議與加密貨幣ETF的普及不斷增長相吻合。 Bitwise和Rex的股票也已向Dogecoin ETF申請，這表明基於模因硬幣的金融產品的競爭景觀。

The potential implications are significant for both Grayscale and DOGE investors. If approved, the ETF could attract substantial institutional capital, bolstering Dogecoin's price and solidifying its investment status. As speculation intensifies, expectations for DOGE's future growth soar.

潛在的影響對灰度和門檻投資者都很重要。如果獲得批准，ETF可能會吸引大量的機構資本，增強Dogecoin的價格並鞏固其投資狀況。隨著猜測的加劇，對Doge未來增長的期望飆升。

Grayscale's expanding ETF offerings, including proposals for XRP and Litecoin, shift the focus to regulatory responses and the implications for the future of cryptocurrency investments.

Grayscale不斷擴大的ETF產品，包括XRP和Litecoin的建議，將重點轉移到監管反應上，以及對加密貨幣投資未來的影響。