Dogecoin News: 21Shares Dogecoin ETF lands on Nasdaq this week, TDOG listing coming soon

21Shares has officially submitted the final prospectus to the U.S. Securities and Exchange Commission, and its spot Dogecoin ETF will begin trading this week. The product has been approved for listing on Nasdaq under the trading code TDOG, marking an expansion of compliant investment tools related to Dogecoin and adding a new case for product innovation in the crypto market in 2026.

According to the disclosed 424B3 filing, TDOG tracks the spot Dogecoin price, referencing the CF Dogecoin-Dollar U.S. settlement price index, providing traditional market investors with a channel to participate in Dogecoin price fluctuations without directly holding the coin. The management fee set by 21Shares for this ETF is 0.50%, accrued daily, and settled weekly in DOGE, with no fee waiver arrangements announced at this time.

In terms of infrastructure, the issuer has involved multiple regulated entities in asset management and custody, emphasizing compliance and asset security. This arrangement echoes similar products already listed and indicates that the U.S. market’s acceptance of Dogecoin ETFs is gradually increasing.

Influenced by the product launch anticipation, Dogecoin’s price has slightly increased in the past 24 hours, maintaining a trading range above $0.13, with trading activity significantly rising. From a technical perspective, DOGE’s price remains near key moving averages, with bullish and bearish forces temporarily in a tug-of-war. Market opinions suggest that the influx of capital expected from ETFs could help improve medium-term liquidity, but short-term trends still depend on overall risk appetite.

On the derivatives front, open interest has not changed significantly, indicating that leveraged funds remain relatively cautious. Some trading data from the Gate platform reflects that investors are maintaining a wait-and-see attitude ahead of the ETF launch, while also paying attention to subsequent capital flows and actual subscription figures.

In the context of the 2026 crypto market, the continued rollout of Dogecoin ETFs is reshaping the asset’s market positioning. Its price performance and changes in capital structure may become important indicators for future market trends.