Dogecoin enters Nasdaq with new ETF

Group 1 - The launch of the Dogecoin (DOGE) exchange-traded fund (ETF) marks Dogecoin's entry into traditional finance, trading under the ticker TDOG on Nasdaq [1] - The ETF is issued by 21Shares and is significant as it is the first explicitly approved spot DOGE product by the SEC, differentiating it from previous offerings that lacked regulatory sign-off [2][3] - The ETF aims to attract a new generation of investors who prefer traditional brokerage accounts for crypto exposure, highlighting Dogecoin's accessibility and large online following [4][5] Group 2 - Dogecoin's market cap is reported at $21 billion, positioning it as a potential next step for Wall Street after Bitcoin and Ethereum [5] - The launch aligns with efforts to reposition Dogecoin as a viable global payment method rather than merely a meme asset, with support from notable figures like Elon Musk [7]