List of Flash News about BTC ETH XRP SOL ADA
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13:31 |
Grayscale Files Amended S-1 for Dogecoin ETF GDOG: Institutional Access to DOGE Expands
According to @CryptoKing4Ever, Grayscale has filed an amended S-1 to convert its Dogecoin Trust into an ETF under the ticker GDOG, described as a major step toward institutional crypto exposure; source: @CryptoKing4Ever. According to @CryptoKing4Ever, this move complements Grayscale’s Digital Large Cap Fund, which features BTC, ETH, XRP, SOL, and ADA, highlighting broader large-cap crypto coverage; source: @CryptoKing4Ever. Before GDOG can trade, the S-1 must be declared effective by the U.S. Securities and Exchange Commission, and an ETF cannot list until registration is effective and the exchange’s listing is approved; source: U.S. SEC. ETF shares typically use creation and redemption to keep market prices close to net asset value, a structural feature relevant to liquidity and price alignment once effective; source: U.S. SEC. |