【ChainNews】Dogecoin has once again made a major breakthrough. On January 22, the 21Shares Spot DOGE ETF supported by the Dogecoin Foundation was officially listed and traded on NASDAQ under the ticker TDOG.
What does this mean? It becomes the first spot Dogecoin ETF in the United States to receive official approval from the SEC. In simple terms, ordinary investors no longer need to go through the hassle of crypto trading; they can directly buy Dogecoin exposure through their brokerage accounts. Both retail and institutional investors can participate.
The management of 21Shares revealed that this product mainly targets young, wealthy mainstream investors. In other words, they are aiming to reach those who have been reserved about cryptocurrencies before challenging traditional finance circles.
Currently, the market already has spot DOGE ETF products launched by Bitwise and Grayscale. The 21Shares product is the third entrant in the U.S. market. As competition intensifies, it also indicates that Dogecoin’s recognition in traditional finance is on the rise.
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Boating
· 23h ago
Are you bullish?
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BlockchainBard
· 01-22 15:05
Wow, TDOG is listed on NASDAQ. Traditional finance brothers really can't avoid this now, haha.
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Another DOGE ETF, is the competition getting this fierce? Feels like we need to keep pushing forward.
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Not having to mess around in the crypto world is indeed convenient, but I still think holding is more satisfying.
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Young, wealthy mainstream investors... So what about someone like me who is poor and destitute? Tears welling up.
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Third one? Is the market so optimistic about Dogecoin? That's interesting.
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Once the SEC approves one, they all come. This speed is truly outrageous.
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Buying DOGE directly through brokers, traditional finance is really starting to embrace the crypto world.
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The question is, how's the ETF liquidity? Can it be bought and sold instantly?
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The code TDOG sounds a bit flashy.
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If this continues, meme coin ETFs will also be coming, definitely a financial innovation.
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ZKProofEnthusiast
· 01-22 14:55
Whoa, TDOG is live? Retail investors can finally buy directly, no need to go to exchanges anymore.
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CommunityWorker
· 01-22 14:52
Now the traditional finance folks also have to get involved. DOGE really needs to turn things around and sing its song.
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AlgoAlchemist
· 01-22 14:52
Wow, TDOG, this abbreviation is finally recognized. Are mainstream finance starting to take DOGE seriously?
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GasFeeCrying
· 01-22 14:49
Wow, the abbreviation TDOG is so fitting... I'm dying of laughter.
The third spot Bitcoin ETF in the US, traditional finance really can't hide anymore. Who will dare to say next year that Dogecoin isn't an asset?
But honestly, once retail investors come in, the next question is... who will take the over?
This time, it probably depends on how Elon Musk tweets; his words can send the price soaring.
With TDOG launching, it feels like Nasdaq is also playing along with the meme.
Dogecoin Spot ETF Launches on NASDAQ! The third DOGE product in the US market goes live
【ChainNews】Dogecoin has once again made a major breakthrough. On January 22, the 21Shares Spot DOGE ETF supported by the Dogecoin Foundation was officially listed and traded on NASDAQ under the ticker TDOG.
What does this mean? It becomes the first spot Dogecoin ETF in the United States to receive official approval from the SEC. In simple terms, ordinary investors no longer need to go through the hassle of crypto trading; they can directly buy Dogecoin exposure through their brokerage accounts. Both retail and institutional investors can participate.
The management of 21Shares revealed that this product mainly targets young, wealthy mainstream investors. In other words, they are aiming to reach those who have been reserved about cryptocurrencies before challenging traditional finance circles.
Currently, the market already has spot DOGE ETF products launched by Bitwise and Grayscale. The 21Shares product is the third entrant in the U.S. market. As competition intensifies, it also indicates that Dogecoin’s recognition in traditional finance is on the rise.