21Shares Launches Dogecoin ETF on Nasdaq

21Shares has introduced a new Dogecoin (DOGE) ETF on Nasdaq, trading under the ticker TDOG. This launch marks the latest addition to 21Shares’ crypto ETF offerings, which include products for Bitcoin, Ethereum, Solana, and XRP. The company is the only ETF issuer endorsed by the House of Doge, part of the Dogecoin Foundation.

Despite this development, market demand for meme coin ETFs remains subdued. The first U.S. Dogecoin ETF, launched in September last year, has seen a cumulative trading volume of approximately $200 million, reflecting limited interest from Wall Street. 21Shares aims to provide a compliant, physically-backed DOGE investment channel, while the Dogecoin Foundation hopes the ETF will boost Dogecoin’s adoption in traditional finance.