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

21Shares’ proposed spot DOGE ETF has secured a listing on the DTCC website. This is an essential procedural step before its official launch. In light of this development, a prominent crypto expert projected a potential Dogecoin rally in this market cycle.

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. 

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.

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.

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.

In a parallel development, a lawyer to Tesla CEO Elon Musk, Alex Spiro, is heading a Dogecoin treasury company. Sources suggest the initiative aims to raise $200 million to create an official vehicle for managing DOGE reserves. These moves also highlight institutional growth for the meme coin.

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.