21Shares Launches First Physically-Backed Dogecoin ETP on SIX Swiss Exchange

In a significant development for cryptocurrency investors, 21Shares has introduced the first physically-backed Dogecoin (DOGE) Exchange-Traded Product (ETP) on the SIX Swiss Exchange. This landmark offering, launched in partnership with the House of Doge and endorsed by the Dogecoin Foundation, provides a direct and accessible avenue for investors to engage with the Dogecoin ecosystem. The product, trading under the ticker DOGE, marks a pivotal moment in the institutional adoption of meme-inspired cryptocurrencies. As of April 2025, this innovative financial instrument represents a new chapter in DOGE’s evolution from internet phenomenon to investment asset class.

21Shares Launches Physically-Backed Dogecoin ETP on SIX Swiss Exchange

21Shares has partnered with the House of Doge to launch the first Dogecoin ETP (DOGE), endorsed by the Dogecoin Foundation, on SIX Swiss Exchange. The physically-backed product will be listed under the ticker DOGE and provides investors with the most direct and accessible way to gain exposure to the Dogecoin ecosystem. According to 21Shares president Duncan Moir, DOGE has become more than a cryptocurrency, representing a cultural and financial movement that continues to drive mainstream adoption.

Dogecoin Price Prediction For April 9

As the Western financial markets opened on April 9, overall crypto volatility surged in tandem with global stock markets. The cryptocurrency market, despite not being directly included in tariffs and trade wars, has not been spared the ongoing bearish sentiment. Since Donald Trump took office, the total cryptocurrency market cap has dropped by more than $1.5 trillion. The VIX index suggests more volatility ahead, which will impact the memecoin sector, led by Dogecoin (DOGE). On-chain data indicates an increase in the overall supply of stablecoins into exchanges in the past few days.

21Shares to List Dogecoin ETP on SIX Swiss Exchange

21Shares, one of the world’s largest issuers of crypto exchange-traded products (ETPs), announced on April 9, 2025, that it will launch a fully backed Dogecoin ETP on Switzerland’s SIX Swiss Exchange under the ticker DOGE. This product will be the first and only Dogecoin ETP endorsed by the Dogecoin Foundation, developed through an initiative with the House of Doge. The ETP is now available through banks or brokerages.