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BREAKING: 21Shares DOGE ETF Clears DTCC Listing Ahead of Official Launch

BREAKING: 21Shares DOGE ETF Clears DTCC Listing Ahead of Official Launch

Published:
2025-09-23 06:45:46
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Wall Street's meme coin moment has arrived—and the establishment is finally playing along.

The Gateway Goes Live

DTCC greenlights 21Shares' DOGE ETF for depository services, clearing the final administrative hurdle before public trading. This isn't just another crypto fund—it's the first mainstream financial vehicle to treat Dogecoin as a legitimate asset class rather than an internet joke.

Institutional-Grade Memes

By securing DTCC clearance, the ETF bypasses traditional custody complications that have plagued crypto investment products. The listing creates a seamless pipeline for pension funds and retirement accounts to allocate to DOGE without direct blockchain exposure—because nothing says prudent investing like leveraged exposure to a cryptocurrency that started as a Shiba Innu joke.

The compliance team deserves hazard pay for paperwork that somehow rationalizes 'to the moon' as an investment thesis.

What This Changes

Forget Bitcoin dominance—the real story is how quickly fringe assets are getting the institutional stamp of approval. The DTCC move signals that even the most skeptical custodians can't ignore retail demand forever. Traditional finance now faces its ultimate test: maintaining straight faces while pitching dog-themed cryptocurrency exposure to pension fund managers.

Wall Street finally found a way to monetize meme culture—and your 401(k) might never be the same.

Etf Listings – Active And Pre Launch

Source: DTCC

The ETF, sponsored by 21Shares US LLC, aims to hold dogecoin directly, with assets under the custody of Coinbase Custody Trust Company. Its pricing will track a specific index to mirror DOGE’s spot price. The SEC has a review process that involves the public comments and feedback rounds and the approval timelines are not clear.

This move follows last week’s launch of REX-Osprey’s Doge ETF, the first U.S.-listed Dogecoin fund, which offered investors direct spot exposure to the meme coin. Other applications, such as Bitwise’s, are also pending, with some decisions expected to stretch into early 2026.

Experts predict potential DOGE rally

Cryptocurrency experts are optimistically waiting on the future performance of Dogecoin. According to Ali Martinez, a recent purchase indicator on technical charts indicates that the token might be on the verge of a rebound. There is also institutional interest which is increasing.

Dogecoin $DOGE ready to bounce as the TD flashes buy signal! pic.twitter.com/3PcwuyomPB

— Ali (@ali_charts) September 22, 2025

According to a recent announcement, CleanCore Solutions recently added 100 million DOGE to its treasury, taking its total holdings above 600 million coins, now valued at over $160 million. In addition, Alex Spiro, a lawyer for Tesla CEO Elon Musk, is leading a Dogecoin treasury company planning to raise $200 million to manage DOGE reserves. 

Another analyst, Mags, described the current market phase as a “final bullish retest,” noting the token may be preparing for a MOVE toward the $1 level.

Although these changes are positive signs of increased institutional attention and possible bullish price action of Dogecoin, investors must remember that regulatory acceptance and market forces are unpredictable. 

The ultimate ruling of the SEC on the 21Shares DOGE ETF will play a significant role in determining the short-term direction of the token.

Also Read: Thumzup Buys $2M of DOGE as First Dogecoin ETF Launches in U.S.

    

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