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Dogecoin Spot ETF Launches on Nasdaq, Offers New Investment Opportunities
If launched, Dogecoin would join a select group of assets with multiple spot ETFs in the US market, alongside products from Grayscale and Bitwise.
- The 21Shares ETF tracks spot DOGE prices using the CF Dogecoin-Dollar US Settlement Price Index.
- No leverage or derivatives involved; DOGE enters or leaves the trust only when shares are created or redeemed in 10,000-unit baskets.
- Management fee is 0.50%, paid weekly in DOGE, with no waiver available.
- Bank of New York Mellon administers the fund; custody is split between Coinbase Custody Trust, Anchorage Digital Bank, and BitGo. Wilmington Trust acts as trustee.
Dogecoin Price Analysis
DOGE is trading near $0.14. Key support zones are at $0.12-$0.10, with major support at $0.089.

- If price breaks above the descending trendline, $0.18 and $0.30 become target levels.
- ETF inflows and supportive market conditions could lead to higher targets at $0.50 and potentially $1.
- Failure to hold above $0.12 weakens the bullish structure, with a breakdown below $0.10 invalidating it.