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Quick staking, earn potential new tokens
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Launchpad
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NEW
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One-stop lending hub
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Customized wealth management empowers your assets growth
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Top asset management team helps you profit without hassle
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Use USDT/USDC to mint GUSD for treasury-level yields
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21Shares has submitted an amended Dogecoin ETF application to the U.S. Securities and Exchange Commission (SEC), confirming the management fee and disclosing more details. The upcoming spot Dogecoin ETF is expected to join the ranks of Grayscale (GDOG) and Bitwise Dogecoin ETF (BWOW), further driving up the price of Dogecoin.
According to the latest filing, 21Shares has made the fifth amendment to its S-1, confirming a management fee of 0.50%, which accrues daily and is paid weekly in Dogecoin (in arrears). The filing also retains a delayed issuance provision, which may take effect after submitting the 8(a) application, but no fee waiver information has been disclosed at this time.