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21Shares, one of the world's largest issuers of crypto exchange-traded products (ETPs), has applied for a spot exchange-traded fund based on Dogecoin (DOGE) in the US, backed by the House of Doge, underscoring the growing institutional interest in the OG meme cryptocurrency.
The leading meme coin Dogecoin has surged nearly 1% today, defying the broader market downturn momentum, with 6.96 billion coins traded over the last 24 hours. However, although the number seems big, it appears that the ongoing DOGE price surge is less likely to be sustained ahead.
Market volatility saw traders chase options for hedging and speculative activities.
With a price of $0.1725 and a current market capitalization of $25.6 billion, Dogecoin (DOGE) has been a leading player in the cryptocurrency scene. Introduced initially as a meme coin, DOGE's appeal exploded under Elon Musk's sponsorships, broad community support, and use as a tipping and payment token.
The race for the first U.S. spot Dogecoin (DOGE) ETF intensified this week as 21Shares officially submitted a filing to the U.S. Securities and Exchange Commission (SEC) on April 9.
Assessing DOGE recovery prospects as ETF race heats up.
Swiss asset manager 21Shares has openly endorsed Dogecoin, stating that the cryptocurrency has developed a long way from its origins as an online meme. The company cited Dogecoin's whopping 130,000% price appreciation over the last decade as evidence of its longevity within the turbulent crypto space.
A new technical analysis based on the Order Block (OB) and Candle Liquidity Sweep (CLS) model suggests that Dogecoin (DOGE) is forming a bullish reversal structure that could lead to a 50% price surge.
The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trump‘s sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods. Cryptocurrency Gains +/- Price (Recorded at 9.47 p.m.
Asset manager 21Shares has partnered with the House of Doge, the corporate arm of the Dogecoin foundation, to launch a Dogecoin ETP in Europe. The asset manager also just filed to offer a US DOGE ETF, becoming the third firm to do so.
House of Doge, the official corporate arm of the Dogecoin Foundation, has announced an exclusive partnership with 21Shares to launch the only Dogecoin (DOGE) exchange-traded products (ETPs) officially endorsed by the Foundation.
The multi-billion-dollar asset manager follows in the footsteps of competitors Grayscale and Bitwise and has been endorsed by the Dogecoin Foundation. Dogecoin Foundation Backs 21shares for Dogecoin ETF Swiss-based 21shares, a $7 billion crypto exchange-traded fund (ETF) management firm, filed for a spot dogecoin ETF with the U.S. Securities and Exchange Commission (SEC) on Wednesday.
House of Doge, the corporate arm of the Dogecoin Foundation, launched a partnership with cryptocurrency company 21Shares. The collaboration will yield the only dogecoin exchange-traded products (ETPs) endorsed by the Dogecoin Foundation, according to a Thursday (April 10) press release.
The SEC yesterday approved options on spot ether ETFs by BlackRock, Fidelity and others. 21Shares also became the latest asset manager to float a dogecoin ETF.
The U.S. Federal Deposit Insurance Corporation has brought on several staffers with Elon Musk's Department of Government Efficiency, according to an email sent to regulatory staff Thursday.
The crypto market is showing signs of cooling after a sharp rally on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $79,496.69 -3.1% Ethereum (CRYPTO: ETH) $1,516.46 -7.5% Solana (CRYPTO: SOL) $111.13 -6.5% XRP (CRYPTO: XRP) $1.95 -3.6% Dogecoin (CRYPTO: DOGE) $0.1535 -4.1% Shiba Inu (CRYPTO: SHIB) $0.00001155 -2.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 30.9% and daily active addresses falling by 2.2%.
The official corporate arm of the Dogecoin Foundation is partnering with one of the world's leading producers of crypto exchange-traded products (ETPs) on a new Dogecoin (DOGE) product. In a new press release, 21Shares and House of Doge are announcing their new partnership to launch DOGE ETPs globally.
Fartcoin (CRYPTO: FARTCOIN) has soared nearly 85% in the past week, mimicking the early stages of Pepe's (CRYPTO: PEPE) legendary meme coin run. What Happened: In an X post on Wednesday, prominent trader Unipcs shared his long position on Fartcoin, which is $3.2 million in profit.
The Dogecoin Foundation's corporate arm plans to market the fund as it aims for wider adoption of the popular meme token.
After a long-running streak of breaking down from support levels, Dogecoin (DOGE) is set to reverse the trend. Recent Dogecoin price action reveals that the bottom is in for the memecoin amid growing chatter for a strong rally.
Grayscale and Bitwise have both previously filed regulatory paperwork for a spot ETF backed by DOGE.
Shiba Inu price is taking part in the ongoing crypto market rally as fears of a widespread recession ease. SHIB rose by 10% on April 10, beating some other popular meme coins like Dogecoin, Pepe, and Bonk.
The rebound of some assets in the cryptocurrency space is ongoing following the pause on trade tariffs that has sparked massive liquidations. Within 24 hours, the combined crypto market liquidation hit $468.45 million from 131,342 traders.
DOGE shows remarkable resilience amid global economic tensions, with technical indicators pointing to continued upward momentum.
