Nasdaq has formally requested SEC approval to list an exchange-traded fund (ETF) that holds Dogecoin.
The surge in ETF filings aligns with the Trump administration's push for more crypto-friendly regulation.
Why Dogecoin price is surging today? Let's check current DOGE's price and predictions for 2025
Dogecoin, the meme-inspired cryptocurrency that began
as a joke, may soon find itself listed on Wall Street. Nasdaq has submitted a
formal request to the U.S. Securities and Exchange Commission (SEC) to list an
exchange-traded fund holding Dogecoin.
Regulatory Approval in Progress
The application follows 21Shares’ filing on April 10
to create a Dogecoin ETF. Nasdaq’s involvement adds momentum to the proposal,
but SEC approval remains a key hurdle.
The fund cannot begin trading until the regulator
signs off, and that process could take months. The SEC is currently reviewing
more than 70 crypto ETF filings, including similar requests for altcoins like
Solana and Sui, Cointelegraph reported.
This ETF surge comes after President Trump’s new
administration urged regulators to take a more crypto-friendly stance. Fund
managers like Bitwise and Grayscale have also submitted competing applications
as they race to capture demand for altcoin investment products.
SEC is currently reviewing multiple filings related to the
potential listing of Dogecoin-based exchange-traded funds (ETFs). Last month, NYSE
Arca sought approval to list Bitwise’s Dogecoin ETF, with
Coinbase Custody managing the Dogecoin holdings and Bank of New York Mellon
overseeing the cash asset.
Nasdaq Pushes for Consistent Oversight
While backing new crypto ETFs, Nasdaq is also calling
for stricter and more uniform regulation. In an April 25 letter to the SEC, the
exchange argued that digital assets resembling securities should be held to the
same standards.
Unlike many other meme coins, Dogecoin operates on its own blockchain and uses a proof-of-work mechanism. This makes it functionally similar to Bitcoin but cheaper and faster for small transactions. Currently, Dogecoin has a market cap of nearly $26 billion and traded at $0.1773 at the time of publication.
Source: CoinMarketCap
The Road Ahead
Whether or not the SEC approves 21Shares’ Dogecoin
ETF, the growing interest in altcoin-backed funds suggests a broader shift in
how traditional finance engages with crypto.
If approved, Dogecoin could join the growing list of
digital assets accessible via regulated investment vehicles, bringing the meme
token a step closer to mainstream portfolios.
Dogecoin, the meme-inspired cryptocurrency that began
as a joke, may soon find itself listed on Wall Street. Nasdaq has submitted a
formal request to the U.S. Securities and Exchange Commission (SEC) to list an
exchange-traded fund holding Dogecoin.
Regulatory Approval in Progress
The application follows 21Shares’ filing on April 10
to create a Dogecoin ETF. Nasdaq’s involvement adds momentum to the proposal,
but SEC approval remains a key hurdle.
The fund cannot begin trading until the regulator
signs off, and that process could take months. The SEC is currently reviewing
more than 70 crypto ETF filings, including similar requests for altcoins like
Solana and Sui, Cointelegraph reported.
This ETF surge comes after President Trump’s new
administration urged regulators to take a more crypto-friendly stance. Fund
managers like Bitwise and Grayscale have also submitted competing applications
as they race to capture demand for altcoin investment products.
SEC is currently reviewing multiple filings related to the
potential listing of Dogecoin-based exchange-traded funds (ETFs). Last month, NYSE
Arca sought approval to list Bitwise’s Dogecoin ETF, with
Coinbase Custody managing the Dogecoin holdings and Bank of New York Mellon
overseeing the cash asset.
Nasdaq Pushes for Consistent Oversight
While backing new crypto ETFs, Nasdaq is also calling
for stricter and more uniform regulation. In an April 25 letter to the SEC, the
exchange argued that digital assets resembling securities should be held to the
same standards.
Unlike many other meme coins, Dogecoin operates on its own blockchain and uses a proof-of-work mechanism. This makes it functionally similar to Bitcoin but cheaper and faster for small transactions. Currently, Dogecoin has a market cap of nearly $26 billion and traded at $0.1773 at the time of publication.
Source: CoinMarketCap
The Road Ahead
Whether or not the SEC approves 21Shares’ Dogecoin
ETF, the growing interest in altcoin-backed funds suggests a broader shift in
how traditional finance engages with crypto.
If approved, Dogecoin could join the growing list of
digital assets accessible via regulated investment vehicles, bringing the meme
token a step closer to mainstream portfolios.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
