21Shares Increases Dogecoin Investments with 2x Leveraged DOGE ETF

Written by Emily J. Thompson, Senior Investment Analyst

Source: Yahoo Finance

Updated: Nov 20 2025

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Source: Yahoo Finance

New Dogecoin ETF Launch: 21Shares has launched a 2X Long Dogecoin ETF (TXXD) on the Nasdaq, allowing investors to gain leveraged exposure to Dogecoin's daily performance, reflecting the growing interest in altcoin-focused ETFs.
Market Demand and Future Plans: The introduction of TXXD comes amid a surge in altcoin ETF listings, with plans for more leveraged products in the pipeline, as issuers respond to increasing market demand for such investment vehicles.
Risk Considerations: The leveraged ETF is designed for short-term use by risk-tolerant investors, as it carries higher risks compared to non-leveraged funds, which are also being considered by the U.S. Securities and Exchange Commission.
Current Market Status of Dogecoin: Despite being the largest meme coin with a market cap over $23 billion, Dogecoin has seen a nearly 19% decline in value over the past month, trading around $0.16, significantly lower than its all-time high of $0.73 in 2021.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.