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 Holds $0.094 as X Cashtags Drive Market Attention
Key Insights
Dogecoin holds above $0.094 despite market weakness as Bitcoin and Ethereum stabilize, reflecting resilience and sustained demand across major cryptocurrencies during the consolidation phase.
X launches smart cashtags enabling real-time crypto and stock tracking, improving marke
CryptoNewsLand15h ago
Dogecoin Holds $0.09 Support as $0.10 Breakout Looms
Dogecoin remains around $0.09, showing limited movement as traders await a clear breakout direction. Key support is at $0.08, with resistance at $0.10. Current technical indicators suggest a balanced market, but a decisive move is needed to shift momentum.
CryptoNewsLand16h ago
3 Altcoins That Could Deliver Huge Returns Soon — DOGE, TRX, and TAO
Dogecoin grows as a payment coin with a strong community and expanding merchant adoption.
Tron enables fast, low-cost stablecoin transfers and supports scalable decentralized applications globally.
Bittensor combines blockchain incentives with AI training, rewarding decentralized
CryptoNewsLand22h ago
Dogecoin Holds $0.094 as X Cashtags Drive Market Attention
Key Insights
Dogecoin holds above $0.094 despite market weakness as Bitcoin and Ethereum stabilize, reflecting resilience and sustained demand across major cryptocurrencies during the consolidation phase.
X launches smart cashtags enabling real-time crypto and stock tracking, improving marke
CryptoNewsLand04-18 19:31
Dogecoin Holds $0.09 Support as $0.10 Breakout Looms
Dogecoin remains around $0.09, showing limited movement as traders await a clear breakout direction. Key support is at $0.08, with resistance at $0.10. Current technical indicators suggest a balanced market, but a decisive move is needed to shift momentum.
CryptoNewsLand04-17 18:46
