BREAKING: 21Shares Launches Dogecoin ETF on DTCC Under TDOG Ticker - Meme Coin Goes Mainstream

Wall Street's meme stock moment just got a crypto upgrade. 21Shares slams the accelerator on digital asset adoption by listing the first-ever Dogecoin ETF on the Depository Trust & Clearing Corporation.

The Gateway Opens

TDOG ticker flashes across institutional trading screens—bypassing traditional crypto gatekeepers and cutting straight to regulated market access. No more wallet hassles or exchange headaches for big-money players seeking DOGE exposure.

Mainstream Momentum Builds

DTCC clearance signals the ultimate legitimacy play for the Shiba Inu-themed cryptocurrency. Pension funds and retirement accounts can now chase the same volatility that made crypto bros famous—with all the paperwork Wall Street loves.

Because nothing says 'serious investment' like betting on a coin that started as a joke. The suits finally found the dopamine button.

Issuers typically list their products ahead of potential approval so that the operational groundwork is in place once regulators give the green light. This practice is fairly common among issuers, as the DTCC acts as the main clearing and settlement hub for equities and ETFs in the U.S.

However, it must be noted that the dogecoin fund in question is yet to be approved by the Securities and Exchange Commission before it becomes eligible for trading. Unless the commission gives the green light, the DTCC listing remains a procedural step rather than a signal of approval.

Earlier this month, spot ETFs for Solana, Hedera, and XRP from issuers Fidelity Investments and Canary Capital were added to the DTCC’s list.

21Shares submitted its proposal to the SEC for a Dogecoin ETF back in April and seeks to offer institutions regulated exposure to the crypto asset. The regulator formally acknowledged the filing in May, but has since delayed its decision for the fund alongside other proposals from issues like Grayscale and BitWise asset management.

DOGE price failed to react, slipping about 4% in the past 24 hours, as the broader crypto market faced heavy turbulence with billions in liquidations during the previous session, led by Bitcoin’s drop to multi-week lows.

Dogecoin price had been rallying over the past month on hopes of a potential ETF approval, and reports that the first spot DOGE ETF from asset manager REX Shares and Osprey Funds was set to be approved by the SEC.

However, the rally failed to materialize, and DOGE had given up nearly all of its gains accrued over the past month. When writing, Dogecoin (DOGE) was trading at $0.2395, up just 1.3% in the past 30 days.