21Shares Brings Regulated Meme Coin Exposure to US Investors with New DOGE ETF
21Shares has launched its spot Dogecoin (DOGE) exchange-traded fund on Nasdaq, marking the third cryptocurrency provider to offer regulated meme coin exposure to U.S. investors.
The TDOG fund began trading January 22 after the firm's final prospectus filing with the Securities and Exchange Commission.
21Shares holds the only Dogecoin ETF endorsement from House of Doge, the corporate arm of the Dogecoin Foundation that oversees the cryptocurrency's development.
The fund tracks Dogecoin's spot price using the CF Dogecoin-Dollar US Settlement Price Index and charges a 0.50% annual management fee, accrued daily and payable weekly in Dogecoin.