The post 21Shares Partners with the House of DOGE to Launch Dogecoin (DOGE) ETP in Europe appeared on BitcoinEthereumNews.com.

21Shares, one of the largest crypto exchange-traded product (ETP) issuers, teamed up with the House of DOGE to launch the only Dogecoin ETP endorsed by the Dogecoin Foundation.  The Dogecoin ETP will be listed on the SIX Swiss Exchange, trading under the ticker DOGE.  A Grand Display of the Growing Support for DOGE Asset manager 21Shares AG (“21Shares”) announced that it formed an “exclusive partnership” with the House of DOGE to create the only Dogecoin ETP endorsed by the Dogecoin Foundation. In a press release, 21Shares said the ETP will trade under the ticker ‘DOGE’ and will list on the SIX Swiss Exchange. The partnership underscores the meme coin’s growing support. It marks the first significant milestone “in bringing institutional grade exposure to Dogecoin, one the most community driven and widely recognised digital assets.” The asset manager submitted an S-1 registration statement for its 21Shares Dogecoin ETF to the US Securities and Exchange Commission (SEC) on April 9, 2025. If successful, the proposed fund would grant investors direct exposure to DOGE’s price movements without having to own the underlying asset. In its press announcement, 21Shares said, “21Shares Dogecoin ETP is 100% physically backed, offering a transparent and seamless way for investors to gain exposure to Dogecoin through traditional financial channels.” Dogecoin (DOGE) has surged in popularity since its launch in 2013 to become one of the “most widely recognised and accessible cryptocurrencies, known for its fast transaction speeds, low fees, and increasing merchant adoption.” Dogecoin (DOGE) Could Become a Global Currency The House of DOGE, the official corporate arm of the Dogecoin Foundation, is reportedly committed to marketing the ETP when it launches to reinforce DOGE’s role in mainstream media. In the statement announcing the partnership, Jens Wiechers, Co-Executive Director of the Dogecoin Foundation, commented: “For Dogecoin to reach its full potential as…

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Filed under: News - @ April 13, 2025 6:20 am