21Shares submits Form S-1 for Dogecoin ETF in the U.S. – Company Announcement

21Shares has officially submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for the launch of a Dogecoin exchange-traded fund (ETF) in the United States. The introduction of the 21Shares Dogecoin ETF is contingent upon the effectiveness of the Form S-1 and approval of a Form 19b-4 submission by the SEC. This ETF aims to mirror the performance of Dogecoin by tracking the CF Dogecoin-Dollar Settlement Price (DOGEUSD_RR).

21Shares AG, an affiliate of 21Shares US LLC, the sponsor for the 21Shares Dogecoin ETF, is a renowned provider of cryptocurrency exchange-traded products globally. The company’s mission is to make cryptocurrency more accessible to investors while bridging the gap between traditional finance and decentralized finance. With a significant milestone in 2018 where they listed the first physically-backed crypto ETP, 21Shares holds a seven-year history of creating crypto exchange-traded products on major securities exchanges around the world. Apart from their longevity in the industry, 21Shares also provides investors with research and client service to enhance their investment experience.

As a member of 21.co, a key player in decentralized finance, 21Shares is committed to offering innovative solutions and bringing the world of cryptocurrency to a broader audience. For more details about their services and offerings, individuals can access their official website at www.21Shares.com.

It is essential to note that the information shared does not constitute a prospectus or any form of offering material, and it is not an invitation to sell or buy securities or financial instruments in any jurisdiction, including the United States. Some content may contain forward-looking statements, and readers should be mindful that such statements are not indicative of guaranteed future performance, involve risks, and there might be discrepancies in actual results. The accuracy and completeness of the information provided cannot be assured, and 21.co, along with its affiliates, shall not be held responsible for any errors or omissions. The details presented here should not be considered as economic, legal, tax, or investment advice, and viewers are advised against making any decisions solely based on this content.

While a registration statement for the Dogecoin ETF securities has been lodged with the Securities and Exchange Commission, it has not yet been activated. Consequently, the selling of these securities or acceptance of purchase offers cannot transpire until the registration statement is effective.

In conclusion, 21Shares’ announcement of filing for a Dogecoin ETF in the U.S. demonstrates a significant move in the cryptocurrency market, providing investors with an innovative opportunity to participate in the performance of Dogecoin through a regulated investment vehicle.