Breaking: 21Shares Amends Dogecoin ETF Filing to Reveal Fees & Other Details

Core Insights - 21Shares has amended its Dogecoin ETF application with the SEC, confirming a management fee of 0.50% and providing additional details about the fund's structure and custodians [2][4][5] Group 1: ETF Details - The Dogecoin ETF will be listed under the ticker "TDOG" on Nasdaq and will track the DOGE price performance as measured by the CF Dogecoin-Dollar US Settlement Price Index [5] - The management fee of 0.50% will accrue daily and be payable in Dogecoin weekly in arrears, with no fee waiver disclosed yet [2][4] - The Bank of New York Mellon will serve as the administrator, cash custodian, and transfer agent, while Anchorage Digital Bank and BitGo will act as additional custodians [3][6] Group 2: Market Reaction - Following the news, the price of DOGE surged over 11% to above $0.15, with a trading volume increase of 32% in the last 24 hours, indicating strong market interest [4][7] - The 24-hour low and high for DOGE were recorded at $0.1347 and $0.1519, respectively, suggesting significant volatility [7] - The total Dogecoin futures open interest rose more than 8% to $1.50 billion, reflecting bullish sentiment among derivatives traders [9]