The New York Stock Exchange applies for listing and trading the spot Dogecoin ETF of GrayScale

Panews News on February 1st, according to Cryptobriefing, the New York Stock Exchange Arca has submitted a 19B-4 form to the United States SEC to seek approval changes, where the spot DogCoin ETF of the listing and trading GrayScale. This move was quickly made after GrayScale announced the launch of the Dogecoin Trust Fund.

The document says: "Similar to Bitcoin and Wright coins, dog currency can be used to pay goods and services, or can be converted into legal currencies, such as US dollars. A single terminal user is determined to the end user transaction.

The proposed ETF will provide investors with investment opportunities for dog currency, without having to directly owe ownership. Coinbase Custody Trust Company will be the custodian, and the Bank of New York Bank will be responsible for managing and transferring responsibilities.