Has Dogecoin Entered the ETF Era With 21Shares’ Nasdaq Listing?

• 21Shares launches spot Dogecoin ETF TDOG on Nasdaq, expanding DOGE’s market access.
• The firm targets U.S. investors seeking regulated, hassle-free DOGE access.
• Partnership with FalconX may expand TDOG’s reach to global institutional markets.

Dogecoin moved closer to mainstream finance this week after 21Shares confirmed a new spot ETF listing on Nasdaq. The firm said the 21Shares Dogecoin ETF will trade under the ticker TDOG from January 22, 2026. 

According to the press release, the product aims to give U.S. investors direct exposure to DOGE through traditional brokerage accounts. Consequently, Dogecoin now joins a growing list of crypto assets entering regulated exchange-traded markets.

21Shares positioned TDOG as a physically backed vehicle, meaning it holds Dogecoin on a 1:1 basis. The company said the structure removes the need for wallets, crypto exchanges, or personal custody setups. 

Hence, TDOG targets investors who want simple access without operational hurdles. The launch also signals that meme-born assets can attract institutional packaging when demand stays strong.

TDOG Brings Spot Dogecoin Exposure to Nasdaq

TDOG will trade in U.S. dollars with a 0.50% fee, according to 21Shares. The ETF carries the ISIN US90137N1063 and lists under issuer 21Shares US LLC. Additionally, 21Shares said the fund uses institutional-grade custody to store DOGE reserves. That feature may appeal to investors who prioritize regulated storage standards.

However, 21Shares also noted that TDOG does not fall under the Investment Company Act of 1940. That difference matters because it reduces the protections investors often expect in traditional ETF products. Moreover, the company warned that crypto volatility can be severe. 

Broader Push Beyond Meme Culture

The listing follows 21Shares’ expansion of crypto products tied to major networks and themes. The firm previously launched a 2x leveraged Dogecoin ETF in 2025 under the ticker TXXD. It also introduced a Dogecoin ETP in Europe. Besides that, 21Shares pointed to the earlier launch of its Solana ETF, TSOL, in November last year.

Significantly, 21Shares linked TDOG to its partnership with House of Doge. The company described the relationship as equal partners supporting new initiatives for the Dogecoin ecosystem. 

House of Doge CEO Marco Margiotta said, “TDOG is another step toward making Dogecoin accessible through established financial structures, supporting broader participation as the ecosystem matures, and we’re pleased to see our partnership with 21shares helping advance that progress.”

FalconX Tie-Up Adds Institutional Firepower

21Shares also highlighted its push into full-service crypto infrastructure after joining forces with FalconX. The company’s aim is to cover brokerage, liquidity, investment management, lending, and structured products. 

Moreover, 21Shares said FalconX’s prime brokerage reach could help scale its ETF ambitions globally. As spot exposure expands, TDOG may become a key test of how far Dogecoin demand can travel in regulated markets.

Related: Dogecoin Price Prediction: DOGE Weakens as Support Fails and Outflows Persist