On January 22, 2026, the 21Shares spot Dogecoin ETF officially began trading on the Nasdaq under the ticker TDOG, marking a historic milestone for the meme-coin era and cryptocurrency investing. This new exchange-traded fund is the first spot Dogecoin ETF in the United States to receive explicit approval from the U.S. Securities and Exchange Commission (SEC), giving both retail and institutional investors a regulated, transparent, and straightforward vehicle to gain exposure to DOGE through traditional brokerage accounts without having to buy, custody, or manage the underlying crypto themselves.

What makes TDOG particularly notable is not just that it holds Dogecoin on a 1:1, physically backed basis in institutional-grade custody with a 0.50% annual management fee, but also that it carries the endorsement of the Dogecoin Foundation through the House of Doge, the foundation’s corporate arm. This foundation backing gives the ETF a level of ecosystem legitimacy and community support that earlier products have lacked.

While there are other spot Dogecoin ETFs already active in the U.S.—including earlier launches from firms like Grayscale and Bitwise—those products entered the market via automated procedures without direct SEC regulatory sign-off. TDOG’s explicit SEC approval is being interpreted by many analysts as a regulatory landmark, potentially signaling growing acceptance of DOGE’s classification as a non-security and a broader opening of traditional markets to highly community-driven digital assets.

The ETF’s launch also underscores a broader institutional trend: firms like 21Shares are expanding crypto-linked products that bridge decentralized assets with regulated financial infrastructure, lowering the technical and custody barriers that have historically deterred some investors. As DOGE’s ecosystem continues to mature—with merchant adoption, cultural projects, and heightened mainstream visibility—TDOG’s debut is seen as another step toward crypto’s integration with conventional finance, even as the inherent volatility of meme coins