In a time when the dusty thoroughfares of Europe whispered secrets of fortune, the unpretentious asset manager 21Shares joined hands with the eccentric House of Dogeāthe very corporate voice of the Dogecoin foundationāto launch a Dogecoin ETP. And if that werenāt enough of a wild twist, theyāve also filed to offer a US DOGE ETF, marking them as the third brave soul in this peculiar financial rodeo.
A Humble Alliance Forged on the Edge of Dreams
With the frank simplicity of a weathered farmerās tale, 21Shares declared an exclusive bond with the House of Doge to create the one and only Dogecoin ETP blessed by the coinās own keepers. Like a stubborn mule charging through the corridors of the SIX Swiss Exchange, the ticker āDOGEā is set to stamp its presence on market boardsāand on our hearts.
This unlikely partnership, reminiscent of old friends sharing a secret harvest, marked a milestone in lending institutional grace to DOGEāa coin as community-driven and familiar as a dusty roadside diner. 21Shares prided itself on a creation as tangible as the soil beneath our feet, offering investors a transparent, seamless passage into the wild world of DOGE through traditional channels.
As if following an ancient migratory path, soon after the ETPās launch was heralded, 21Shares set quill to parchment and filed an S-1 for a spot Dogecoin ETF with the US SEC. In joining the ranks of Grayscale and Bitwise, they stepped into a frontier as uncertain as the shifting tides of the California coast.
True to its kin, the proposed ETF will cradĀle DOGE in its embrace, offering institutional investors a chance to sample the charm of this famed meme coin. Of course, like waiting for the rain in a drought, the formal 19b-4 filing with the SEC awaits its fateful nodāor its curt denial.
Ever the faithful companions on this strange journey, 21Shares has once again teamed up with the House of Doge for this proposed ETF. While the House of Doge sings its quirky tune to the market, Coinbase stands sentinel as the ever-watchful custodian. š
DOGE Dances with the Tides of Fortune
In a twist more unexpected than a summer monsoon, DOGE has risen with the broader crypto market, surmounting the $0.15 mark as if defying gravity itself. This curious rebound came on the heels of Donald Trumpās announcement of a 90-day pause on reciprocal tariffsāimagine that, a meme coin leading the charge!
Even the wizened trader Kevin Capital, with a twinkle in his eye like a seasoned old prospector, noted a bullish divergence on the daily chartsāa hopeful sign of a sunrise over the rugged horizon of DOGE. š
Not to be outdone, the irreverent Trader Taridigrade chimed in on his digital soapbox, predicting a full-blown bullish reversal. He likened DOGEās recent hustle to a springtime awakening after a long winter of Wyckoff accumulationāa hopeful nudge that may soon push the coin past that mystical $0.2 barrier. š
As the tale unfolds on this brisk April day, DOGE is meandering at around $0.15āup more than 9% in the past 24 hours, as chronicled by the modern oracle, CoinMarketCap.
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2025-04-11 02:13