21Shares’ Dogecoin ETF Starts Review—Will It Beat the Odds?

TLDRThe SEC has officially acknowledged a Dogecoin ETF filing submitted by 21Shares.This acknowledgment starts a formal review process that can last up to 240 days.The 21Shares DOGE ETF decision’s final deadline is January 9, 2026.Grayscale also filed for a Dogecoin ETF earlier this year and is awaiting a decision.The SEC postponed its initial response to Grayscale’s DOGE ETF application in March.The U.S. Securities and Exchange Commission (SEC) has officially acknowledged a Dogecoin ETF application filed by 21Shares. This Dogecoin ETF filing initiates a structured review process, placing the application into the formal regulatory pipeline. The Dogecoin ETF now faces up to 240 days of review before a final decision is due.21Shares Moves Ahead in Dogecoin ETF Race21Shares filed its Dogecoin ETF application on April 10, joining other firms aiming to launch spot altcoin ETFs. The SEC has now added the DOGE ETF filing from 21Shares to the public register, beginning the official review phase. This marks a significant procedural step but does not indicate guaranteed approval.While Bitcoin ETFs took years to pass, DOGE ETF proposals are progressing under a more receptive SEC administration. The SEC, now led by libertarian Paul Atkins, appears more willing to explore alternative crypto products.SEC ACKNOWLEDGES FILING FOR 21SHARES SPOT DOGECOIN ETF— Phoenix » PhoenixNews.io (@PhoenixNewsIO) May 13, 2025The maximum review period for the DOGE ETF from 21Shares extends until January 9, 2026. The SEC typically uses four review windows before announcing a final verdict. The acknowledgment means the countdown to the first review deadline has officially begun.Grayscale Awaits Decision on Dogecoin ETF ProposalGrayscale submitted its own DOGE ETF application earlier this year and is also awaiting a regulatory decision. In early March, the SEC postponed its initial response to the Grayscale Dogecoin ETF proposal.Despite the delays, the Dogecoin ETF space continues to see increased interest from institutional issuers. Grayscale’s application remains active, though a final deadline has not yet been confirmed. The firm remains in contention as the SEC progresses through its multi-phase evaluation process.The regulatory climate for crypto-based ETFs has gradually shifted, opening paths for altcoins like Dogecoin. Grayscale’s strategy aligns with growing demand for regulated crypto exposure through mainstream financial products.Bitwise Faces SEC Delays on DOGE ETF BidBitwise is also in the race, though the SEC has recently delayed its DOGE ETF application. The agency deferred its decision in late April, using its standard review timeline to push the next deadline forward. Bitwise remains engaged and is waiting for further updates on its application status.As with other applicants, Bitwise’s DOGE ETF filing is now under extended scrutiny as part of the SEC’s procedural phases. While delays are common, the firm remains eligible for consideration within the regulatory timeframe. This leaves room for possible approval in a future decision window.Bloomberg reports that the SEC may approve select spot altcoin ETFs, including DOGE ETF proposals, by October this year. This timeline depends on the commission’s internal evaluations and ongoing market analysis. The post 21Shares’ Dogecoin ETF Starts Review—Will It Beat the Odds? appeared first on CoinCentral.