As the wider crypto market continues to wither, Doge slowly awakens, turning the tide in a bullish direction. 21Share, one of the most prominent digital asset management companies in the financial world, has filled the Provessory Trust & Clearing Corporation (DTTC) for Dovecoin ETF.
A major step towards a big boy in dogcoin
While this does not ensure approval for this Meme Coinbase Exchange-Traded Fund (ETF) pitch, this approval by the DTCC illustrates a further step in the submission procedure. DTCC registration, which is part of the standard preparation process, is important in terms of approval by the Securities and Exchange Commission (SEC), but does not guarantee it.
Currently, Swiss asset manager 21Share has appeared on the official website to prove its list and payment clearance. Normally, the Altcoin ETF decision is delayed or public opinion is postponed, but other Altcoins besides Ethereum (ETH) have never been instantly satisfied by the best financial cops.
Why Dogecoin is suitable for ETFs
In particular, the SEC, currently under the ruling of Chair Paul Atkins, is sure to respond to most Altcoin ETF submissions from late October to early December, including Doge ETFs by 21 shares. Moreover, this matches other major cap AltCoin ETF pitch selections registered with DTTC, including Solana (SOL), Hedera (HBAR) and Ripple (XRP).
In parallel with most memecoin, Dogecoin (Doge) has a stable trading volume of billions per day, and despite initial joke status, it easily competes with the large Altcoin brand. The DogeCoin code is a Bitcoin (BTC) play developed by Ex-IBM Computer Virtuosos Billy Markus & Jackson Palmer, doing business on a Proof of Work (POW) basis.
On the flip side
- Apart from TDOG, there’s another spot-based ETF by Rex-Soprey, running under the Doje ticker. I’ll be waiting Confirmation to start trading as a stock.
- However, this is not a traditionally regulated ETF, as it tracks Meme Coin prices through its Cayman Islands subsidiary, rather than providing a direct exposure to Doge.
Why is this important?
Competition for the next Altcoin ETF is intensifying. DogeCoin’s status as an ETF-qualified digital asset sets precedent as the first meme currency to operate standalone ETF items.
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The Dogecoin ETF of 21Shares, listed in the DTCC under the TDOG ticker, illustrates the procedural steps towards approval. As a result, following the debut of the Rex-Sosprey Doje ETF on September 18, 2025, we will support institutional access.
The list could drive mainstream adoption and draw large influxes like Doje’s first day volume of $17 million. So it could raise the Doge price to more than $1.
Increased in-facility purchases via TDOG could cause demand to skyrocket. Meanwhile, Doge’s current $0.48 price will increase by 135% in 2025, turning to resistance between $0.75 and $1.30, if ETF hype holds.
Although there is no official date, the DTCC list suggests progress. Therefore, according to recent submissions, it is possible that the launch with Grayscale’s mid-October 2025 Doge ETF decision will be in line with.
Retail and institutional investors will gain a more easy doge exposure without a crypto wallet. As a result, if prices skyrocketed, non-bank meme coin enthusiasts could earn greater profits.