Overview
- 21Shares’ amended S-1 confirms a 0.50% management fee that accrues daily and is paid weekly in Dogecoin, with no fee waiver disclosed.
- The filing names BNY Mellon as administrator, cash custodian, and transfer agent, with Anchorage Digital Bank and BitGo listed as additional custodians.
- The ETF is slated to list on Nasdaq under the ticker TDOG and will track the CF Dogecoin-Dollar US Settlement Price Index.
- 21Shares US LLC will provide $1.5 million in seed capital to purchase DOGE at or before the fund’s listing.
- Dogecoin rebounded roughly 11% to about $0.15 on higher volume following the update, as investors also watch competing spot DOGE products from Grayscale and Bitwise reported to be nearing launch.