21Shares Launches First Dogecoin ETP, Bringing Memecoin to Regulated Investors

Following the SEC’s approval of Bitcoin and Ethereum ETFs, 21Shares has taken a significant step in the cryptocurrency market with the launch of its Dogecoin (DOGE) exchange-traded product (ETP). This marks the first and only Dogecoin ETP backed by the Dogecoin Foundation. 21Shares is enabling regulated institutional access to this memecoin that gained global recognition for its humorous origins. The DOGE ETP, listed on the SIX Swiss Exchange, will be 100% physically backed by actual DOGE assets and carry a 2.5% management fee.