Dogecoin ETF
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Breaking: 21Shares Amends Dogecoin ETF Filing to Reveal Fees & Other Details
Yahoo Finance· 2025-12-03 08:10
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]
X @Cointelegraph
Cointelegraph· 2025-09-23 02:30
🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 The SEC and CFTC will host a joint roundtable on Sept. 29 to discuss regulatory harmonization priorities between the two agencies.🔹 AgriFORCE Growing Systems to rename as AVAX One and plans to raise $550 million to establish the first NASDAQ-listed company with $AVAX treasury strategy.🔸 Over $1.8 BILLION were liquidated in the last 24 hours, with $1.65B from long positions.🔹 A Spot Dogecoin ETF from 21Shares has appeared on the DTCC listings un ...