Dogecoin ETF Gets Closer as 21Shares Amends S-1 Filing to Secure SEC Approval

Jakarta, Pintu News – The crypto market is gearing up for the launch of a promising new investment product. 21Shares has filed an amended S-1 form with the US Securities and Exchange Commission (SEC) for a Dogecoin (DOGE) ETF, which will trade under the ticker TDOG on Nasdaq. This readiness comes amid delays caused by the prolonged US government shutdown.

Details of Dogecoin ETF by 21Shares

21Shares has confirmed that the Dogecoin (DOGE) ETF will use the TDOG ticker and will be listed on Nasdaq. The ETF will track the price performance of Dogecoin (DOGE) as measured by the Dogecoin-CF US Dollar Settlement Price Index. Although the management fee has not been disclosed, the sponsor fee will accumulate daily and be paid out in Dogecoin (DOGE) on a bi-weekly basis.

Coinbase Custody Trust Company has been appointed as the custodian of the funds, while 21Shares US LLC will be the initial capital investor. The trust plans to use the $1.5 million to buy Dogecoin (DOGE) before or during the ETF’s launch on exchanges. In addition, there have been updates to the language, risk factors and other key details ahead of the final decision from the SEC.

Market Outlook and Analysis

Analysts from Bloomberg have increased the chances of Dogecoin (DOGE) ETF approval by the SEC to 99% following an update to the S-1 filing. The recent addition of the Dogecoin (DOGE) ETF to the DTCC list is an important procedural step before launch. This signifies significant progress in the approval process.

Read also: Japan’s Banking Digital Revolution: Bitcoin and Stablecoin Integration

The crypto market is showing a positive response with Dogecoin (DOGE) prices rising more than 6% to $0.20 in the last 24 hours. Analyst Ali Martinez points out that there is a bounce from price channel support, with predictions of a recovery to $0.29, and higher targets at $0.45 and $0.86 if ETF approval is announced.

Impact of Government Delays and Investor Sentiment

The delay in the decision by the SEC, which was due on October 18, has led to delays in the approval of the Dogecoin ETF (DOGE) and other crypto ETFs. However, with the US government shutdown over, a wave of approvals for crypto ETFs is expected.

The meeting of executives from Ripple (XRP), Coinbase (COIN), Chainlink (LINK), Galaxy, Kraken, Uniswap (UNI), and Circle with crypto-supportive Democrats also boosted positive sentiment among investors. This is expected to speed up the pending ETF approval process.

Conclusion

In conclusion, the launch of the Dogecoin (DOGE) ETF by 21Shares marks a new era in crypto investment products. With the support of solid infrastructure and improved market sentiment, this ETF is expected to bring new diversification to crypto investment portfolios and attract more investors into the market.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. 21Shares Amends S-1 for Spot Dogecoin ETF Approval. Accessed on October 21, 2025
• Featured Image: Bitcoin Sistemi