Keynote
- 21Shares made a new Dogecoin ETP on six Swiss exchanges according to Ticker Doge.
- Investors can now access Dogecoin through traditional brokers and banks.
- Real Doge Assets detain the product to ensure transparency.
Tokoin, a memo -in, supported by Elon Musk
viceroy
$ 0.16
24H volatility:
2.5%
Market capital:
$ 23.49 b
Vol. 24H:
$ 444.04 m
I’m creating a headline once again. 21Shares launched the first Dogecoin Exchange Trade (ETP). This measure brings digital assets inspired by MEME to the world of regulatory finance. In particular, this will allow traditional investors to be more exposed to Dogecoin without using encryption exchange.
Dogecoin enters traditional finance through ETP launch.
According to 21Shares, Zurich financial institutions have started Dogecoin ETP in six Swiss exchanges in Doge Ticker. This product provides investors with a new way to buy Dogecoin without maintaining cryptocurrency.
It is worth noting that this new development comes after 21Shares is submitted to Dogecoin ETF to the uses and exchange commission (sec). According to the report, asset managers are trying to track the results of the Doge without using leverage or derivatives.
As the company explained in detail, this ETP release allows investors to invest in memory through general banks and brokers, similar to stocks or ETFs. Each part of the ETP is supported by Real Dogecoin, which is underestimated to ensure transparency and trust in investors.
From Meme to Liquor: Dogecoin now has its own ETP.
In 21Shares we are proud of the first Dogecoin ETP. @dogecoinfdnMake sure the investor can access the loved one $ DOGE legacy.
This is when culture and finance converge. pic.twitter.com/in2vqseom9
-21shares (@21shares) April 18, 2025
The company publicly announced that this launch was possible through partnerships with the House of Doge and Dogecoin Foundation. Since 2014, the Foundation, which has guided the currency, adds reliability to the product.
It should be noted that the Foundation has supported Dogecoin’s community projects and charity. The participation indicates that coins are now entering a more serious stage.
Since the announcement, X’s encryption community has been buying with different opinions. Some people celebrated the news and won a big victory in Dogecoin’s future.
But others raised concerns about how financial products such as ETP matched Dogecoin’s original decentralization mission. Despite this debate, most of them agree that launch is the important milestone of the largest note form.
Doge Price responds to ETP debut
In the previous update, Coinspeaker said that Dogecoin Whales bought more than 800 million dogs in two days, causing a strong feeling. This accumulation of more than $ 128 million has increased, increasing optimistic predictions of Dogecoin as adoption increased.
According to CoinmarketCap data after the ETP announcement, Dogecoin has increased 0.59% for 24 hours to about $ 0.1555. The trading volume was over $ 555 million, but there was a 21%score within the same period.
Market participants are closely seeing how this 21Shares product can affect the price.
Based on the general market awareness, traditional finance can easily access Dogecoin, which can increase demand and cause price rally. However, the encryption market is unpredictable, and changes in market sentiment can pay coins.
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disclaimer: Coin speakers are doing their best to provide a prejudice and transparent report. This article aims to provide accurate and timely information, but should not be considered financial or investment advice. Since market conditions can change rapidly, it is better to check the information and consult with experts before making a decision based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist, and is integrated worldwide with the general acceptance of emerging technology, loving writing about the actual applications and innovation of blockchain technology. His desire to educate people for Cryptocurrencies encourages his contribution to famous blockchain media and sites.