PANews reported on April 29 that according to documents submitted by Nasdaq to the SEC, Nasdaq intends to list and trade the 21Shares Dogecoin ETF under Rule 5711(d). The trust will be managed by 21Shares US LLC, and Coinbase Custody will hold Dogecoin assets, tracking the DOGE-USD fixing price index released by CF Benchmarks. The ETF will only be subscribed and redeemed in cash, with each basket unit being 10,000 shares. The trust does not use leverage or derivatives, nor does it participate in pledges or income generation.