Veteran analyst picks Dogecoin ETF as top fund to start 2026

Core Insights - The best-performing ETFs at the start of 2026 include a 2x Dogecoin ETF and a 2x single stock semiconductor ETF, with the leveraged crypto ETF being the top fund so far [1] Group 1: Dogecoin ETF Overview - The 21Shares 2x Long Dogecoin ETF (Nasdaq: TXXD) launched on November 19, 2025, aims to deliver twice the daily performance of Dogecoin, providing investors with amplified exposure to the cryptocurrency [4][5] - The ETF has generated a year-to-date (YTD) return of 38.73% and currently holds $1.59 million in assets under management (AUM) [6][7] - As of the latest data, TXXD was trading at $21.05, reflecting an 18% increase in a single day, while Dogecoin was priced at $0.1522, up 1.6% in the last 24 hours [7] Group 2: Market Context and Influences - Dogecoin, launched in 2013 as a meme coin, gained significant popularity due to endorsements from figures like Elon Musk, contributing to its current market capitalization of over $25 billion, making it the ninth-largest cryptocurrency [3][4] - The launch of the Dogecoin ETF coincided with FalconX's acquisition of 21Shares, enhancing the fund manager's distribution capabilities [5]