Workflow
21Shares 2x Long Dogecoin ETF
icon
Search documents
Veteran analyst picks Dogecoin ETF as top fund to start 2026
Yahoo Finance· 2026-01-05 22:56
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 $25 billion, making it the ninth-largest cryptocurrency [3][4] - The launch of the Dogecoin ETF coincided with FalconX's acquisition of 21Shares, enhancing the fund manager's distribution capabilities [5]
Dogecoin Cheers Debut Of ETF That Aims To Multiply Its Returns: 'Much Congrats'
Yahoo Finance· 2025-11-22 03:01
Core Insights - The launch of the 21Shares 2x Long Dogecoin ETF on Nasdaq aims to provide leveraged exposure to Dogecoin, which has garnered positive reactions from the Dogecoin community [1][2][4] - The ETF, trading under the ticker TSSD, is designed to deliver twice the daily performance of Dogecoin before fees and expenses [3][4] - Despite the ETF launch, Dogecoin's price fell due to overall market conditions, with technical indicators suggesting a potential rebound [5] Group 1: ETF Launch and Features - The 21Shares 2x Long Dogecoin ETF allows investors to gain leveraged exposure to Dogecoin through a regulated, exchange-traded structure [4] - The ETF is accessible for purchase directly through banks or brokers, enhancing its appeal to investors [4] Group 2: Market Reaction - Following the ETF launch, Dogecoin's price experienced a decline, influenced by broader market sentiment [5] - Technical analysis indicated a "Sell" signal for Dogecoin, while the Relative Strength Index approached oversold levels, hinting at a possible recovery [5]
X @Dogecoin
Dogecoin· 2025-11-20 23:38
https://t.co/mX2ZVocm0m21shares US (@21shares_us):Much wow!Time to double down on @Dogecoin.Excited to announce that we've just launched the 21Shares 2x Long Dogecoin ETF ($TXXD) for those looking to amplify their conviction in $DOGE.Available on select brokerages today. https://t.co/1ioVurCskc ...