Odaily Planet Daily reports that cryptocurrency asset management firm 21Shares has launched a new Dogecoin (DOGE) ETF, further pushing this meme coin into the traditional financial system. The ETF was listed and traded on Nasdaq on Thursday under the ticker TDOG.
21Shares stated that this is the latest addition to its crypto ETF product line, which previously included ETFs related to Bitcoin, Ethereum, Solana, and XRP. The company also emphasized that it is the only ETF issuer endorsed by the House of Doge, an institution under the Dogecoin Foundation.
Nevertheless, overall market demand for meme coin ETFs remains restrained. Data shows that the first Dogecoin ETF in the US was launched in September last year, with a total trading volume of approximately $200 million to date, indicating that Wall Street’s interest in meme coins remains limited.
21Shares said that TDOG aims to provide investors with a compliant, physically-backed DOGE investment channel, lowering the participation threshold through the ETF format; the Dogecoin Foundation also stated that this product helps promote further adoption of Dogecoin within mature financial structures.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Dogecoin Prints Monthly Morning Doji Star — Will $0.097 Break Next?
Dogecoin is forming a "Morning Doji Star" pattern on the monthly chart around $0.09, indicating a potential bullish reversal despite a recent 1.9% daily decline. Key support is at $0.09036 and resistance at $0.09707, with current trading at $0.09010.
CryptoNewsLand1h ago
Dogecoin Trend Signal: Is the $3 Target Back in Play?
_Dogecoin revisits long-term channel support as RSI stabilizes, raising the possibility of a new rally if altcoin rotation returns._
Dogecoin may be approaching a key long-term support level after returning to a structure that preceded previous rallies. Recent price action shows the meme coin
LiveBTCNews6h ago
Dogecoin (DOGE) Removed a Zero for Eight Hours, But Will It Return? - U.Today
Never left bearish market
Volatility comes back
UToday7h ago
Assess whether DOGE holds above $0.088 as whale selling pressure increases
Dogecoin (DOGE) is facing strong selling pressure since breaking below $0.1. During this prolonged downtrend, DOGE has broken the support level of $0.09 and touched a low of $0.088 before a slight rebound.
At the time of writing, DOGE is trading at $0.092, up 2.56% in the past 24 hours, reflecting increased volatility.
TapChiBitcoin7h ago
Dogecoin Price Pressures Mount as $0.08 Support Nears Break
Key Insights:
Dogecoin maintains a firm bearish structure as consecutive lower highs and lower lows reinforce sustained downside pressure across higher timeframes.
The $0.08 level aligns with value area low and historical demand, making it a decisive zone for near-term market
CryptoFrontNews8h ago
