21Shares Plans to Launch a Dogecoin ETF — Could This Drive DOGE’s Price Higher?

Jakarta, Pintu News – 21Shares has announced the launch of their spot Dogecoin ETF to the US Securities and Exchange Commission (SEC). This launch follows the automatic approval to trade under the stock code ‘TDOG’ on Nasdaq.

21Shares’ Dogecoin ETF will join Grayscale’s GDOG and Bitwise’s BWOW this week, which is expected to fuel further upward momentum in DOGE prices.

21Shares proposes to launch Dogecoin ETF

21Shares has filed a final prospectus to launch its Dogecoin ETF, according to filing document 424B3 with the US Securities and Exchange Commission (SEC). This paves the way for 21Shares’ Dogecoin ETF to launch as planned this week.

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This Dogecoin ETF has received approval to list on Nasdaq under the stock code TDOG, allowing trading to commence. This is the third spot Dogecoin ETF to be launched, following the launch of the Grayscale Dogecoin (GDOG) and Bitwise Dogecoin (BWOW) ETFs in November.

21Shares sets a management fee of 0.50%, which will be calculated daily and paid out in DOGE every week backwards. Interestingly, the issuer has not announced any fee waiver.

The ETF will provide regulated investment exposure to Dogecoin, tracking the DOGE spot price based on the CF Dogecoin-Dollar US Settlement Price Index.

The issuer also revealed that The Bank of New York Mellon will act as administrator, cash custodian, and transfer agent. Meanwhile, Coinbase Custody Trust, Anchorage Digital Bank, and BitGo will act as crypto asset custodians.

It should be noted that the DOGE ETFs from Bitwise and Grayscale have so far attracted only moderate interest from institutional investors. Data from SoSoValue shows that these two funds have total net assets of $10.16 million, or only about 0.04% of the meme coin’s total market capitalization.

DOGE Price Surges

The Dogecoin price increased by more than 1% on January 12 and was trading around $0.140. During that period, the lowest price was recorded at $0.135 and the highest at $0.142. In addition, DOGE’s trading volume increased sharply by 111%, signaling great interest from traders.

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According to analysis from the CoinGape website, the Dogecoin price has the potential to reach $0.20 in the next few days, driven by re-accumulation by whales.

On the daily chart, DOGE price is still above the 50-day moving average (50-MA) line at $0.138. The Relative Strength Index (RSI) indicator stands at 52.96, flat in the last 24 hours amid weak Dogecoin ETF inflows.

Data from CoinGlass shows mixed derivatives market sentiment. At the time of writing, the total open interest (OI) for DOGE futures edged up by 0.01% to $1.80 billion in the last 4 hours. DOGE futures open interest on Binance and OKX rose over 0.05% and 4.20% respectively, while it fell 1% on Bybit and nearly 3% on Gate.

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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. Dogecoin ETF by 21Shares Gains Approval to Launch This Week. Accessed on January 13, 2026
• Coinspeaker. Dogecoin (DOGE) ETF by 21Shares to Go Live This Week. Accessed on January 13, 2026