21Shares Launches Dogecoin ETF

NEW YORK, Jan. 22, 2026 — 21Shares, a prominent player in the crypto ETF market, has unveiled the 21Shares Dogecoin ETF (ticker: TDOG). It stands out as the only ETF provider that has received approval from the Governor’s Office. This ETF provides investors with direct access to Dogecoin (DOGE) through a fully backed and transparent trading platform, officially starting on the Nasdaq from January 22, 2026.

Through TDOG, investors can securely and easily access DOGE, with assets under institutional-grade custody maintained on a 1:1 basis. It simplifies participation in Dogecoin’s growth by utilizing existing brokerage accounts, eliminating the need for digital wallets or complex crypto exchanges.

However, it’s worth noting that TDOG is not registered under the Investment Company Act of 1940 and does not come with the same protections as traditional ETFs or mutual funds. There are significant risks and volatility involved, making it unsuitable for those who might not be able to absorb potential total losses. Investing in TDOG is not the same as directly investing in Dogecoin.

21Shares Dogecoin ETF (TDOG)

The introduction of TDOG comes shortly after the launch of the 21Shares Solana ETF (TSOL) in November. It further strengthens the collaboration between 21Shares and House of Doge, the corporate entity supporting the Dogecoin ecosystem. In 2025, the company also launched the 21Shares 2x Long Dogecoin ETF (TXXD), a leveraged option providing daily 2x exposure to Dogecoin, along with a Dogecoin ETP in Europe. This emphasizes their commitment to offering robust access to this popular digital asset, developed in partnership with the Dogecoin Foundation.

As for Dogecoin’s ecosystem, it continues to grow, driven by increased merchant uptake and a thriving community that is one of the largest in the crypto space. Its motto, “Do Only Good Every Day,” has not only fostered philanthropy but also cultural relevance and broader public recognition.

Federico Brocato, Global Head of Business Development at 21Shares, mentioned, “Dogecoin is a unique asset with a global community and expanding use cases.” He added that TDOG offers regulated, physically backed exposure to DOGE within an ETF format familiar to investors.

Marco Margiotta, CEO of House of Doge, remarked that TDOG represents a step towards making Dogecoin more accessible through traditional financial systems, contributing to broad participation in its ecosystem.

This launch underscores 21Shares’ leadership in delivering regulated digital asset products globally. Recently, they’ve formed a partnership with FalconX to create a comprehensive digital asset servicing provider that includes brokerage and investment management. This collaboration is expected to enhance 21Shares’ global reach, expanding their operations in North America, Latin America, and Europe.

About 21Shares

21Shares is a leading provider of crypto exchange-traded products (ETPs), offering an extensive suite of crypto-focused investment options. Founded with the aim of democratizing access to cryptocurrencies, 21Shares introduced the world’s first physically backed crypto ETP in 2018. Their success is built on a model of developing transparent investment solutions supported by deep market expertise and technological innovation.

About House of Doge

House of Doge operates as the official corporate branch of the Dogecoin Foundation, focused on creating a universal payments platform for Dogecoin to enhance its usability and adoption.

About the Dogecoin Foundation

The Dogecoin Foundation is dedicated to advancing open source technology that improves Dogecoin’s functionality as a peer-to-peer digital currency.

Important Notes

Investments carry risks, including the potential loss of principal. There’s no assurance that TDOG will yield returns for investors.

Short sales and margin investments bring unique risks, and it’s advisable to consult a financial advisor regarding these. Since Dogecoin is a newer asset class, market conditions can fluctuate rapidly, increasing susceptibility to fraud.

Dogecoin experiences high volatility, which could lead to significant losses without warning. Future price fluctuations are influenced by various factors, including actions from influencers and media discussions.

If a strong trading market for the shares doesn’t develop, it could negatively impact the liquidity and price stability of TDOG.

Fund shares are not insured by the FDIC and may lose value.

This information should be accompanied by a prospectus. It’s important to thoroughly understand the Fund’s investment goals and risks before investing. More detailed information can be found in the Fund’s prospectus.

Marketing for this fund is handled by Foreside Global Services, LLC.

21Shares US LLC sponsors the fund.