DOGE -1.09% As 21Shares Introduces 2x Leveraged Dogecoin ETF

As of NOV 20 2025,

fell by 1.09% over the past 24 hours, settling at $0.15417. Over the last week, DOGE declined by 6.35%, dropped 18.04% in the past month, and saw a 51.65% decrease over the previous year.

21Shares Launches Leveraged Dogecoin ETF

21Shares, a prominent issuer of cryptocurrency exchange-traded products (ETPs), has introduced the

(TXXD). This new ETF, now listed on NASDAQ, aims to provide investors with double the daily returns of (DOGE) before accounting for fees and expenses. The fund offers a regulated, exchange-traded way for investors to access leveraged DOGE exposure, available via standard banking and brokerage services.

The

comes with a 1.89% expense ratio and is managed by 21Shares US LLC. This launch represents a significant expansion of 21Shares’ offerings in the American market, following its acquisition by FalconX, a leading digital asset prime broker. The ETF builds on 21Shares’ ongoing partnership with the House of Doge, the official business entity of the Dogecoin Foundation, with whom it previously co-developed a Dogecoin ETP in Europe.

Strategic Growth and Institutional Entry

The collaboration between 21Shares and the House of Doge highlights the increasing interest from institutional investors in Dogecoin. The House of Doge has played a key role in helping Dogecoin evolve from a meme coin to a digital asset with practical uses. Their joint initiatives are focused on broadening access to Dogecoin through regulated financial products, leveraging the cryptocurrency’s community-driven ethos.

This ETF is especially notable amid ongoing developments in the Dogecoin ecosystem, such as its growing acceptance by major companies like Tesla and AMC Theatres. As the community continues to promote the “Do Only Good Everyday” philosophy, this new product offers both institutional and retail investors a structured avenue to participate in the Dogecoin market.

Leveraged Investment and Associated Risks

The 2x Long Dogecoin ETF is tailored for experienced investors who are aware of the risks linked to leveraged instruments. Because of daily compounding, returns over several days can diverge substantially from twice the performance of the underlying asset. This ETF is not intended for long-term holding and requires active management.

Federico Brokate, Global Head of Business Development at 21Shares, described the ETF as a means to make participating in Dogecoin’s growth more straightforward, while ensuring transparency, liquidity, and institutional-level reliability. Marco Margiotta, CEO of House of Doge, stressed the shared goal of expanding the ecosystem and supporting the innovation driven by the Dogecoin community.

Market Landscape and Ecosystem Expansion

Despite recent price drops, Dogecoin’s ecosystem is still advancing. The cryptocurrency is being accepted by more merchants as a payment method, and its community-led projects have encouraged financial inclusion and charitable work worldwide. The introduction of

fits into these trends, providing investors with a regulated way to gain exposure to a digital asset that has evolved far beyond its beginnings as an online .

The debut of a leveraged Dogecoin ETF is a significant step in the mainstream adoption of cryptocurrencies in traditional finance. As the industry continues to develop, such products are expected to play an important role in connecting decentralized digital assets with institutional investment opportunities.