After registering a massive drop on Monday, Dogecoin (DOGE) is back in the spotlight after Swiss asset manager 21Shares listed its proposed spot Dogecoin ETF (ticker: TDOG) on the Depository Trust & Clearing Corporation (DTCC) platform.
This is a key procedural milestone, though approval from the U.S. Securities and Exchange Commission (SEC) is still pending. Despite the excitement, DOGE’s price remains under pressure near $0.24, caught between bearish technical patterns and growing institutional momentum.
DOGE ETF Listing Boosts Meme Coin’s Legitimacy
The DTCC listing ensures that the operational groundwork for the ETF is in place should regulators give the green light. The fund would directly hold Dogecoin, with Coinbase Custody Trust serving as custodian. For investors, the product