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21Shares’ Spot Dogecoin ETF Clears Nasdaq Listing With Trading Expected This Week

The TDOG launch broadens regulated access to DOGE, but assets in existing funds remain small and price moves have been modest.

Overview

  • 21Shares filed its final prospectus and secured Nasdaq clearance for TDOG, with trading expected this week though no specific start date has been announced.
  • The product will be the third U.S. spot Dogecoin ETF, joining Grayscale’s GDOG and Bitwise’s BWOW launched in November 2025.
  • TDOG holds DOGE directly and tracks the CF Dogecoin–Dollar US Settlement Price Index, charging a 0.50% management fee paid weekly in DOGE.
  • The Bank of New York Mellon is administrator, cash custodian, and transfer agent; Coinbase Custody Trust, Anchorage Digital Bank, and BitGo provide digital custody, and Wilmington Trust serves as trustee.
  • DOGE hovered near $0.14 as trading volume jumped to roughly $1.2–$1.3 billion, while SoSoValue shows about $10.16 million in total U.S. DOGE ETF assets with roughly $7 million in cumulative inflows.