On April 9, 2025, 21Shares AG announced a partnership with the House of Doge to launch the world’s first Dogecoin Exchange-Traded Product (ETP), approved by the Dogecoin Foundation, which will be available on the SIX Swiss Exchange under the ticker DOGE. This ETP is fully backed by Dogecoin, allowing investors a secure way to participate in this popular cryptocurrency. Dogecoin, known for its fast transactions and low fees, highlights its growing use among major companies like Microsoft and AMC Theatres. The collaboration aims to combine institutional support with Dogecoin’s vibrant community, further establishing it as a significant player in the digital finance landscape.
Zurich, 9 April 2025 – 21Shares AG, a leading provider of cryptocurrency exchange-traded products (ETPs), has launched a groundbreaking partnership with the House of Doge. This collaboration has produced the only Dogecoin ETP officially endorsed by the Dogecoin Foundation, which will trade on the SIX Swiss Exchange under the ticker DOGE. This partnership signifies a significant step forward in allowing institutional investors to engage with Dogecoin, a popular and community-driven digital asset.
The new 21Shares Dogecoin ETP is fully backed by the actual currency, providing a clear and straightforward method for investors to access Dogecoin through conventional financial systems. Originally conceived as a fun alternative to Bitcoin in 2013, Dogecoin has evolved into one of the most recognized cryptocurrencies today. Its quick transaction times, low costs, and growing acceptance by major brands like Microsoft and AMC Theatres highlight its expanding role in mainstream finance.
A notable aspect of Dogecoin is its dedicated community, which promotes the underlying motto of “Do Only Good Everyday.” Over time, supporters have initiated various charitable projects and efforts aimed at enhancing financial accessibility, showcasing the positive impact decentralized groups can have on digital finance’s future.
Duncan Moir, President of 21Shares, expressed excitement about this collaboration, asserting that the Dogecoin ETP offers investors a direct and regulated way to enter the Dogecoin ecosystem. Jens Wiechers from the House of Doge added that this initiative will boost Dogecoin’s credibility and help fulfill its vision of becoming a global currency.
Sarosh Mistry, from Sodexo North America, emphasized that institutional products like ETPs broaden the opportunity for diverse investors to join the Dogecoin movement. With over $7.3 billion in assets under management and listings on key exchanges like SIX Swiss Exchange and Nasdaq, 21Shares is committed to integrating digital assets into traditional finance.
In conclusion, the 21Shares Dogecoin ETP represents a pivotal moment in the financial landscape, unlocking robust pathways for both retail and institutional investors to engage with Dogecoin.
Primary Keyword: Dogecoin ETP
Secondary Keywords: cryptocurrency exchange-traded products, institutional investors, Dogecoin Foundation
What is the partnership between 21Shares and the House of Doge?
21Shares has formed a special partnership with the House of Doge to create unique cryptocurrency products. This collaboration aims to combine the expertise of both companies to offer new investment opportunities in the crypto space.
Why is this partnership important?
This partnership is important because it brings together the knowledge of 21Shares in cryptocurrency exchange-traded products (ETPs) and the vibrant community of the House of Doge. It aims to attract more people to invest in cryptocurrencies, making them more accessible and appealing.
What products will be launched from this partnership?
From this partnership, new investment products focused on digital assets will be launched. These products are expected to include ETPs that represent popular cryptocurrencies, helping investors easily track and invest in this fast-growing Market.
How will this benefit investors?
Investors will benefit by having more options to invest in cryptocurrencies through user-friendly products. The partnership also hopes to educate investors about the crypto Market, providing them with valuable insights and resources.
When can we expect to see these products available?
While exact dates are not given, both companies are working hard to launch these new products soon. Keep an eye on their websites and social media for updates on when these exciting new offerings will be available for investors.