Given a number field $F$ and a prime $p$, it is natural to study Iwasawa theory over the cyclotomic $\mathbb{Z}_p$-extension of $F$, i.e., the unique $\mathbb{Z}_p$-extension of $F$ which is contained in $F(\mu_{p^\infty})$. Much work has been done on the study of the Iwasawa theory of $p$-primary Selmer groups associated to elliptic curves $E_{/F}$. There is much interest in the study of such questions over other pro-$p$ extensions of $F$, like the anticyclotomic $\mathbb{Z}_p$-extension, or a class of $p$-adic Lie extensions that contain the cyclotomic $\mathbb{Z}_p$-extension (known as strongly admissible extensions). These are infinite Galois extensions $F_\infty$ such that $G=\operatorname{Gal}(F_\infty/F)$ has the structure of a $p$-adic Lie group and such that $F_\infty$ contains $F^{cyc}$, the cyclotomic $\mathbb{Z}_p$-extension of $F$. It is also required that $G$ has no nontrivial $p$-torsion and that there are only finitely many primes that are ramified in $G$. Such extensions arise from the $p^\infty$ torsion of abelian varieties over $F$ for instance.
There has been recent interest in the study of analogous questions over a global function field $F$, i.e., a finite extension of $\mathbb{F}(x)$, where $\mathbb{F}$ is a finite field of characteristic $p>0$. There are some recent results in this direction, in which is established a dichotomy between $2$ cases of interest. First, is the study of Iwasawa theory of pro-$p$ extensions of $F$, for instance $\mathbb{Z}_p^d$-extensions. The other case is that of pro-$\ell$ extensions for some prime $\ell\neq p$, for instance $\mathbb{Z}_\ell^d$-extensions. There is a canonical $\widehat{\mathbb{Z}}$-extension, namely, setting $F_\infty:=F\cdot \bar{\mathbb{F}}$. This is however, not a good analog of the cyclotomic $\mathbb{Z}_p$-extension in the number field case.
There are infinitely many independent $\mathbb{Z}_p$-extensions. These can be seen to arise from the Galois fields generated by Drinfeld modules over $F$ of rank $1$. Consider the special case when $F=\mathbb{F}_p(x)$. The Carlitz module is a Drinfeld module of rank 1 over $F$ which gives rise to infinitely many independent $\mathbb{Z}_p$-extensions, one for each monic irreducible polynomial in $\mathbb{F}_p[x]$. These enjoy properties similar to the cyclotomic $\mathbb{Z}_p$-extension over a number field since no primes are infinitely decomposed in these extensions.
Questions:
Do all $\mathbb{Z}_p$-extensions arise from Drinfeld modules of rank $1$ or as a quotient of $F\cdot \bar{\mathbb{F}}$? Are there any $\mathbb{Z}_p$-extensions in which some primes can be infinitely decomposed (as is the case with the anticyclotomic $\mathbb{Z}_p$-extension of an imaginary quadratic field).
What are some natural examples of $\mathbb{Z}_\ell$-extensions for primes $\ell\neq p$, other than the unique $\mathbb{Z}_\ell$ extension that arises as a quotient of $F\cdot \bar{\mathbb{F}}$? What is the splitting behavior of primes in these extensions.
What is a good analog of the term "admissible Lie extension" in the function field context? One would like to perform devissage arguments by relating the Iwasawa theory of a $p$-adic Lie group $G$ to certain abelian quotients of $G$. In the number field context one insists that $G$ contains the cyclotomic $\mathbb{Z}_p$-extension. The $p$-adic Lie extensions I am interested in are those arising from Drinfeld modules of rank $>1$. What are natural examples of $\ell$-adic Lie extensions to consider for $\ell\neq p$?