Summary
- Grayscale said it filed an amended S-1 to convert the Dogecoin closed-end trust into a spot ETF with the U.S. Securities and Exchange Commission (SEC).
- It said that if approved the product would be listed on NYSE Arca under the 'GDOG' ticker.
- The amendment formalizes the ETF conversion process, and NYSE Arca also filed a rule change regarding Grayscale's Ethereum Trust ETF.
Grayscale submitted an amended S-1 filing to the U.S. Securities and Exchange Commission (SEC) to convert the Dogecoin (DOGE) closed-end trust into a spot exchange-traded fund (ETF).
On the 20th (local time), The Block reported that Grayscale submitted an amended registration statement (S-1) to convert the Dogecoin closed-end trust into a spot ETF, and if approved the product would be listed on the New York Stock Exchange Arca (NYSE Arca) under the 'GDOG' ticker. The amendment serves to formalize the ETF conversion process.
Meanwhile, on the same day, NYSE Arca also filed a rule change to allow Grayscale's Ethereum (ETH) Trust ETF and its mini version to be traded under the recently approved 'Generic Listing Standards'.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
![[Today’s Key Economic & Crypto Calendar] US January Manufacturing PMI, etc.](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
![[Market] Bitcoin breaks below $76,000 as selloff shows no sign of easing](https://media.bloomingbit.io/PROD/news/0b328b54-f0e6-48fd-aeb0-687b3adede85.webp?w=250)
![[Market] Bitcoin slips below $77,000…Ethereum also breaks below $2,300](https://media.bloomingbit.io/PROD/news/f368fdee-cfea-4682-a5a1-926caa66b807.webp?w=250)
