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21Shares’ $TDOG Goes Dwell On The Nasdaq
On Thursday, 21Shares debuted its DOGE ETF on the Nasdaq, with the ticker image TDOG. The fund will let retail and institutional traders achieve publicity to the main canine-themed meme coin with out the trouble of shopping for or storing the crypto asset themselves.
“We consider Dogecoin captures the spirit of web tradition and continues to evolve in our digital financial system,’ 21Shares stated in a assertion, including that DOGE’s velocity, low transaction charges, and close-knit group make it one of many few cryptos prepared for “real-world transactions.”
Whereas two different spot Dogecoin exchange-traded funds beforehand debuted in November 2025, one from Grayscale, the opposite from Bitwise, right now’s product from 21Shares is the primary and solely to have gained the assist of the Dogecoin Basis.
The token began as a meme that includes the Shiba Inu canine that later grabbed Musk’s consideration because the billionaire steadily posted in regards to the memecoin on social media. Whereas it began as a joke, DOGE has since grown to change into the tenth largest cryptocurrency by market capitalization at $21 billion, in accordance with crypto information supplier CoinGecko. Meme cash like Dogecoin typically rocket in recognition on account of web tradition, superstar endorsements, and speculative buying and selling.
 
Furthermore, 21Shares’ TDOG is the primary spot Dogecoin ETF to have secured the SEC’s greenlight. The Grayscale and Bitwise ETFs went stay shortly after the U.S. authorities shutdown through an automatic course of while not having the SEC’s express sign-off. Earlier this month, the U.S. regulator gave the nod to the 21Shares fund, successfully clarifying for the primary time that Dogecoin doesn’t qualify as a safety token.
DOGE traded north of 45 cents after Donald Trump’s election victory final yr, however has slumped all the best way again to round $0.1249 as of publication time, CoinGecko information exhibits.
