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]

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 ...