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Home»Analysis»Dogecoin Price Reacts as 21Shares’ New DOGE ETF Goes Live This Week
Analysis

Dogecoin Price Reacts as 21Shares’ New DOGE ETF Goes Live This Week

January 12, 2026No Comments
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Key Notes

  • 21Shares takes final SEC step to launch its Dogecoin spot ETF on Nasdaq under the ticker TDOG.
  • Dogecoin price holds near $0.140 as trading volume increases following ETF confirmation.
  • Market signals remain mixed as traders monitor initial ETF demand.

Dogecoin

DOGE
$0.14



24h volatility:
2.4%


Market capitalization:
$23.01 billion



Flight. 24h:
$1.23 billion

the price rose slightly after confirmation that a new DOGE spot exchange-traded fund from 21Shares has cleared the final stages with US regulators and is expected to begin trading this week. This will add another regulated option for investors following the recent Dogecoin ETF launches.

21Shares Dogecoin ETF Gets Green Light

Dogecoin price showed a modest reaction after 21Shares filed its final prospectus with the Securities and Exchange Commission (SEC). The deposit allows the product to go live under the TDOG ticker.


With this approval, the fund becomes the third Dogecoin ETF available in the United States. This follows the launch of similar products from Grayscale and Bitwise in November 2025.

The ETF is structured to track the spot value of DOGE using the CF Dogecoin Dollar US Settlement Price Index. In a previous article, Coinspeaker reported that 21Shares confirmed a 0.50% management fee, charged daily and paid weekly in DOGE. No fee waiver was included in the filing.

The company also disclosed its service partners. Bank of New York Mellon will act as administrator, cash custodian and transfer agent. Custody of digital assets will be provided by Coinbase Custody Trust, Anchorage Digital Bank and BitGo.

These details provide clarity for investors seeking regulated exposure without directly owning the asset.

Dogecoin Price Remains Stable as Market Data Remains Mixed

Following the announcement, the price of Dogecoin traded near $0.140, moving between $0.135 and $0.142 in early trading. At the time of writing, DOGE was trading at $0.1368, up 2.2% in 24 hours.

Trading volume jumped 152.09% in the past 24 hours to $1.22 billion, showing higher activity beyond just a sharp price rise.

It is important to add that market data showed mixed signals. Futures open interest increased slightly, with gains on Binance and OKX, while positions fell on Bybit and Gate.

On the technical side, DOGE remained above its 50-day moving average around $0.138. The Relative Strength Index remained near neutral levels.

For now, Dogecoin price is showing steady interest as traders monitor early ETF trading. In a related update, South Korea confirmed plans to launch spot crypto ETFs in 2026 as part of its broader economic growth strategy.

following

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article is intended to provide accurate and current information, but should not be considered financial or investment advice. Because market conditions can change quickly, we encourage you to verify the information for yourself and consult a professional before making any decisions based on this content.

Cryptocurrency News, News

Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalist who enjoys writing about real-world applications of blockchain technology and innovations aimed at driving mainstream acceptance and global integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

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