21Shares applies to launch Dogecoin spot ETF According to Bloomberg analyst James Seyfart and a screenshot of the preliminary prospectus, 21Shares has applied to the US Securities and Exchange Commission to establish a Dogecoin spot traded fund (ETF), becoming the second institution to submit such an application after Grayscale and Bitwise. This ETF is a passive fund designed to track the performance of Dogecoin spot prices, without engaging in leverage or derivative operations. The reference indicator is the CF DOGE Dollar US Settlement Price Index provided by CF Benchmarks.