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，将其Dogecoin Trust转换为现货交易所交易基金（ETF）。此举表明，Dogecoin（Doge）的机构兴趣日益增长。

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.

该申请是在建立灰年的Dogecoin Trust之后的，该信托基金会促进投资者在没有直接所有权的情况下接触Doge。 Coinbase监护信托公司将担任保管人，而BNY Mellon将负责行政责任并充当转让代理。

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有一个为期45天的审核期，在此期间，它可以批准，拒绝或将审查扩展到90天。监管批准对于ETF上市至关重要，可能为增加Dogecoin的机构投资铺平道路。

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.

在比特币和以太坊产品的成功之后，Grayscale的倡议与加密货币ETF的普及不断增长相吻合。 Bitwise和Rex的股票也已向Dogecoin ETF申请，这表明基于模因硬币的金融产品的竞争景观。

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.

潜在的影响对灰度和门槛投资者都很重要。如果获得批准，ETF可能会吸引大量的机构资本，增强Dogecoin的价格并巩固其投资状况。随着猜测的加剧，对Doge未来增长的期望飙升。

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不断扩大的ETF产品，包括XRP和Litecoin的建议，将重点转移到监管反应上，以及对加密货币投资未来的影响。