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Grayscale submitted a revised S-1 filing to convert the DOGE Trust into an ETF, while Arca proposed to modify its Ethereum Trust.
PANews reported on September 20 that Grayscale has submitted a revised S-1 filing to convert its closed-end DOGE trust into an ETF. According to the filing, Grayscale will select Coinbase as the primary broker and custodian for the DOGE ETF. If approved, the ETF will trade on the New York Stock Exchange Arca, with the ticker symbol GDOG. Previously, the New York Stock Exchange Arca had submitted an application to trade the Grayscale DOGE trust. At the same time, the New York Stock Exchange Arca has submitted a proposal to amend the Grayscale Ethereum Trust ETF and its “mini” version to trade according to the recently approved “Universal Listing Standards,” which will reduce the strict regulation by the U.S. SEC.