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21Shares DOGE ETF Secures DTCC Listing as Expert Predicts Dogecoin Rally

DOGE ETF proposed by 21Shares has secured its DTCC listing as experts predict a potential Dogecoin rally amid rising institutional adoption.
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21Shares DOGE ETF Secures DTCC Listing as Expert Predicts Dogecoin Rally

Highlights

  • 21Shares’ proposed spot DOGE ETF (ticker: TDOG) is now listed on the DTCC website, marking a key procedural step before launch.
  • The ETF aims to hold Dogecoin directly, with Coinbase Custody Trust as custodian.
  • Crypto expert Ali Martinez projects a potential DOGE rally as technical charts flash buy signals.

The spot DOGE ETF proposed by 21Shares has secured a listing on the DTCC website. This is an important step before its official launch. In light of this development, a prominent crypto expert projected a potential Dogecoin rally in this market cycle. Meanwhile, REX-Osprey has announced that options are now trading for its Dogecoin ETF. 

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21Shares DOGE ETF Launches on DTCC

The 21Shares DOGE ETF (ticker: TDOG) has been listed on the Depository Trust & Clearing Corporation (DTCC) platform. This signals that preparations for launch are underway. 

Source: DTCC

However, experts stress that the listing is part of standard setup procedures and does not mean the product has cleared the SEC. For now, the SEC is still evaluating the filing. 

The procedure includes public comment periods and agency feedback rounds. A decision regarding the fund’s viability will then be made. The regulator’s pace is usually unpredictable, and approval timelines are still unclear.

This step forward follows REX-Osprey’s DOGE ETF launch. This is the first-ever U.S.-listed Dogecoin ETF, marking a milestone for meme-coin exposure in traditional finance. The launch was particularly noteworthy as it gave investors direct spot access to the meme coin.

The ETF, which is sponsored by 21Shares US LLC, a division of 21co Holdings Limited, intends to hold Dogecoin directly while using a specific index to track its spot price. The digital assets would be under the custody of Coinbase Custody Trust Company.

This comes after the SEC earlier pushed back its decision, citing the need for more time to review compliance with Nasdaq Rule 5711(d). The agency’s hesitancy mirrors its broader caution with crypto ETFs.

Other institutions are also waiting in line. For example, Bitwise had its application delayed, with the SEC extending the DOGE ETF review period until November 12, 2025. Final decisions on several filings could stretch into early 2026.

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Expert Projects Dogecoin Price Surge

Crypto experts have remained optimistic about Dogecoin’s near-term trajectory. Ali Martinez noted that DOGE has flashed a buy signal on technical charts, suggesting the token may be poised for a rebound.

Source: X

Experts had also suggested the token’s bullish momentum could be tied to recent treasury expansions. For instance, CleanCore Solutions purchased an additional 100 million DOGE tokens, boosting its holdings to more than 600 million coins. At current valuations, the firm’s treasury now exceeds $160 million.

Another expert, Mags, shared his own analysis, arguing that the token is entering a “final bullish retest.”  He also said this could pave the way for a move toward the $1 mark.

Meanwhile, REX Shares announced that options are now trading for its DOGE ETF. It noted that options trading will enable investors to gain greater flexibility in hedging positions, pursuing income capital, and responding quickly to opportunities. This development could also provide a major boost for Dogecoin as it grants institutional investors greater access to the top meme coin.

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Michael Adeleke

Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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