Asset manager 21Shares is gearing up to launch the first Dogecoin ETP via a groundbreaking partnership with the House of Doge. Today, 21Shares announced via a press release that the DOGE ETP, backed by the Dogecoin Foundation, will be listed on SIX Swiss Exchange.
DOGE ETP Provides Exposure To Dogecoin Ecosystem, Says 21Shares President
On April 9, 2025, 21Shares announced its strategic collaboration with the House of Doge to debut the Dogecoin ETP under the ticker DOGE. Commenting on the partnership, Duncan Moir, the President of 21Shares, asserted that the Dogecoin ETP provides investors with the “most direct and accessible way to gain exposure to the Dogecoin ecosystem.”
Further, Moir stated,
Dogecoin has become more than a cryptocurrency: it represents a cultural and financial movement that continues to drive mainstream adoption, and DOGE offers investors a regulated avenue to be part of this exciting project.
What is Dogecoin ETP?
An Exchange-Traded Product (ETP) is a financial instrument that tracks the performance of underlying assets, such as securities, indices, or other products. It is a broad category of investment products, including Exchange-Traded Funds (ETFs), Exchange-Traded Notes (ETNs), and Exchange-Traded Commodities (ETCs).
Significantly, a Dogecoin ETP is a physically backed financial vehicle that mirrors the price of DOGE, allowing investors to gain exposure to the meme coin.
The post 21Shares To Launch Dogecoin ETP With This Latest Partnership appeared first on CoinGape.
