Dogecoin Price Reacts as New DOGE ETF from 21Shares to Go Live This Week

Group 1 - Dogecoin price increased slightly following the approval of a new spot DOGE exchange-traded fund (ETF) by 21Shares, which is expected to begin trading this week [1][2] - The ETF, under the ticker TDOG, is the third spot Dogecoin ETF in the United States, following launches from Grayscale and Bitwise in November 2025 [2] - The ETF is designed to track the spot value of DOGE using the CF Dogecoin Dollar US Settlement Price Index, with a management fee of 0.50% charged daily and paid weekly in DOGE [3] Group 2 - The service partners for the ETF include Bank of New York Mellon as administrator and cash custodian, with digital asset custody managed by Coinbase Custody Trust, Anchorage Digital Bank, and BitGo, providing regulated exposure for investors [4] - Following the ETF announcement, Dogecoin traded near $0.140, with a 24-hour price increase of 2.2% and trading volume rising by 152.09% to $1.22 billion [5] - Market data showed mixed signals, with futures open interest slightly increasing on Binance and OKX, while positions decreased on Bybit and Gate, indicating varied trader sentiment [6]