DOGE’s Bright Future: 21Shares ETF Filing Fuels 11% Surge and Institutional Adoption

The cryptocurrency market witnessed a significant rally in Dogecoin (DOGE) following 21Shares' latest amendment to its SEC filing for a Dogecoin ETF. The proposal, which includes a competitive 0.50% management fee and partnerships with major financial institutions like Bank of New York Mellon, Anchorage Digital Bank, and BitGo, has sparked optimism among investors. With an initial capital of $1.5 million and robust custody solutions, the ETF aims to bring DOGE into the mainstream financial landscape. This development mirrors the positive momentum seen with similar ETF proposals by Grayscale and Bitwise, further solidifying DOGE's position as a viable digital asset. As of December 2025, the announcement has already driven an 11% price surge, highlighting the growing institutional interest and potential for long-term growth in Dogecoin.

21Shares Dogecoin ETF Filing Sparks 11% Price Surge

21Shares has filed its fifth amendment with the SEC for a Dogecoin ETF, proposing a 0.50% management fee and naming Bank of New York Mellon as administrator. The fund plans to launch with $1.5 million in initial capital.

The announcement triggered an 11% rally in DOGE, mirroring momentum from similar ETF proposals by Grayscale and Bitwise. Custody will be handled by Anchorage Digital Bank and BitGo, with Wilmington Trust NA serving as trustee.

Market observers note the filing's 'delaying amendment' clause leaves room for adjustments before the Nasdaq listing under ticker TDOG. The MOVE signals growing institutional interest in meme cryptocurrencies despite their volatile histories.

Dogecoin Surges 8% on ETF Momentum as 21Shares Refines Filing

Dogecoin rallied sharply amid institutional interest, with trading volume hitting $1.37 billion—a multi-week high. The breakout coincided with 21Shares updating its SEC filing for a spot dogecoin ETF, proposing a 0.50% management fee payable weekly in DOGE.

Custody partnerships with BNY Mellon and Anchorage Digital signal institutional readiness. The move follows Grayscale and Bitwise's earlier ETF filings, reflecting growing confidence in meme coins as viable investment vehicles.

Technical indicators show Doge breaking key resistance levels as the broader meme sector benefits from speculative inflows. Market participants now await SEC feedback on the revised prospectus.

21Shares Amends Dogecoin ETF Filing, Confirms 0.50% Management Fee and Custodians

21Shares has updated its Spot Dogecoin ETF application with the SEC, revealing key operational details. The fund will charge a 0.50% management fee, payable weekly in DOGE, and list on Nasdaq under the ticker "TDOG." Bank of New York Mellon will serve as administrator, with Anchorage Digital Bank and BitGo acting as custodians.

The ETF tracks the CF Dogecoin-Dollar US Settlement Price Index, positioning it as a regulated gateway for institutional exposure. Notably, 21Shares has allocated $1.5 million for pre-launch DOGE acquisitions, signaling confidence in demand. This filing follows similar ETF proposals from Grayscale and Bitwise, potentially creating a competitive landscape for meme coin investment products.