Another Dogecoin ETF Dropped: Will It Ever Actually Trade? 🐕💸

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21Shares, the crypto fund company with the same level of urgency as a sloth on a coffee break, is finally launching its Dogecoin ETF after securing approval from the SEC and Nasdaq. Who knew getting a stamp of approval would take so long? This might give DOGE a temporary confidence boost, though institutional investors are still treating it like a free sample at Costco-curious but not committed.

21Shares To Launch Dogecoin ETF After Filing Final Prospectus

Crypto ETF issuer 21Shares, which clearly has a thing for three-digit numbers, filed its prospectus and plans to launch this week. Or maybe next week. The exact date remains a mystery, like the last sock in a laundry pile. This will be the third Dogecoin ETF, joining Grayscale and Bitwise’s offerings, which launched last year like they were auditioning for a reality show called Dogecoin: The Comeback Trail.

The new ETF will trade on Nasdaq under the ticker “TDOG,” which is either a genius marketing move or a dad joke waiting to happen. Custodians include Coinbase, BitGo, and Anchorage-because nothing says “trust” like entrusting your money to companies that sound like they’re solving problems no one has. The fund charges a 0.50% fee, which is a mere pittance compared to the emotional toll of owning Dogecoin.

This will be 21Shares’ fifth U.S. crypto ETF, proving they’ve mastered the art of turning digital memes into financial products. Bitcoin, Ethereum, Solana, and XRP are already covered, so why not add a little Shiba Inu to the mix? The DOGE fund’s launch is bullish for the meme coin, but let’s be real: institutional investors are still treating it like a TikTok trend-entertaining but not exactly retirement planning.

According to SoSoValue, these ETFs have seen about as much action as a deflated balloon. Their total assets? Just under $10 million, which is less than 1% of DOGE’s market cap. Most days, they record zero inflows, because nothing says “investor confidence” like a fund that’s basically a crypto version of a participation trophy. But hey, maybe things will pick up when the market recovers-or when someone finally explains what “meme coin” even means.

A Generational Buying Opportunity

Crypto analyst Hokage, who sounds like a character from a 2000s anime, calls the current DOGE price a “generational buying opportunity.” Because nothing says “long-term security” like a coin that started as a joke about a dog. His chart predicts DOGE could hit $1.60, which would make every early investor a hero-or at least a very rich person with a better sense of humor than Elon Musk.

Hokage also thinks Dogecoin will eventually be integrated into Elon Musk’s X (formerly Twitter) as a payment method. Because nothing says “financial innovation” like tipping your favorite conspiracy theorist with a cryptocurrency named after a dog. As the analyst put it, “It’s just a matter of time.” Thanks, Captain Obvious. Some things are inevitable, like taxes and the eventual collapse of this experiment.

At the time of writing, Dogecoin is trading at $0.137, down 2% in 24 hours. Because nothing says “market confidence” like a coin that’s lost more value than my dating life in the last year.

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2026-01-13 15:29