Another Dogecoin ETF Has Gone Live For Trading, How Did It Perform?
21Shares has launched a new Spot Dogecoin ETF, TDOG, on NASDAQ, providing investors with direct, physically-backed exposure to Dogecoin. This brings the total number of US Dogecoin ETFs to three, alongside offerings from Grayscale and Bitwise. The launch was endorsed by the Dogecoin Foundation's corporate arm, House of Doge. However, the new ETF saw a weak start, with no inflows and a slight decline of 0.07% on its first day. This lackluster performance is consistent with other Dogecoin ETFs, which have also reported zero inflows recently, indicating limited investor interest in these products.
bitcoinist01/24 04:01