Dogecoin spot ETF approval imminent, TDOG trading volume soars over 150%

RektRecovery · 2026-01-12T13:40:10+00:00

The US regulatory authorities approved 21Shares to launch the Dogecoin spot ETF (TDOG), becoming the third such product on the market. The ETF has a management fee of 0.50%, with custody handled by multiple institutions to enhance security. After the announcement, the price of Dogecoin slightly declined, but trading volume surged by 152%, indicating increased market attention.

RektRecovery

2026-01-12 13:40:10

Abstract generation in progress

【Crypto World】Another major news about spot Dogecoin ETF has arrived. The US regulatory authorities have approved 21Shares to launch a Dogecoin spot ETF, with the trading symbol TDOG. This is the third such product in the US market after Grayscale and Bitwise.

In terms of fund setup, TDOG tracks the CF benchmark index, with a management fee set at 0.50%, which is quite competitive among similar products. For custody, multiple institutions are responsible—Coinbase, Anchorage, and BitGo handle different custody services. This multi-party custody approach can enhance the security of funds.

The market reacted strongly to this news. As of the announcement, the price of Dogecoin is $0.1366, down 2.20% in the short term. But what is more noteworthy is the explosion in trading activity—24-hour trading volume surged over 152%, reaching $1.22 billion. This fully reflects the market’s high attention and enthusiasm for participation. Data shows that the approval of ETFs for such mainstream crypto assets is gradually becoming an important channel for institutional investors to enter the market.

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TopBuyerBottomSeller

· 1h ago

Another ETF is coming to stir the pot. Does this mean traditional finance really looks down on Dogecoin now? --- 0.50% fee rate, what's that? Still going to get chopped up by the whales. --- Trading volume up 152%, are you excited? This is a rebound signal, brothers. --- Coinbase and BitGo are both involved in custody, at least no need to worry about跑路. --- The price is still falling, but the volume is rising... Hey, this doesn't seem right. --- How did they come up with the code TDOG? So frustrating. --- Dogecoin is about to take off again? I don't believe it. Let's wait and see. --- I don't have any doge right now. Should I regret it... --- Fee rate 0.50%, don't get chopped up, everyone. Compare before buying. --- Daddy USA is calling for Dogecoin again. How high can this wave go?

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GasFeeCrybaby

· 23h ago

Trading volume explodes, but the price actually drops? That's the crypto world for you—more people buy as it falls, hilarious.

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governance_ghost

· 01-13 16:12

I think this wave of TDOG is a bit interesting. The three custodians are indeed more stable, but a 2.2% drop in price is really outrageous... The trading volume skyrocketed by 152%, which actually seems a bit fake.

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WildWolfFort

· 01-12 15:09

The more positive news there is, the more ridiculously it drops. It's hilarious.

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BasementAlchemist

· 01-12 14:09

Another Dogecoin ETF... Can it break through 0.15 this time?

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failed_dev_successful_ape

· 01-12 14:09

Emma, is TDOG's latest move another classic pump-and-dump? 152% trading volume surge... Basically, it's retail investors getting caught holding the bag, haha.

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ShibaSunglasses

· 01-12 14:09

Another DOGE ETF... Is it real? Now the institutions all want a piece of the pie. --- TDOG? The name is too casual haha, but a 0.50% fee rate is indeed good. --- The price drops but trading volume surges. I know this trick well. --- Multi-party custody sounds reliable, but I’m just worried it’s all talk. --- Wait, why is the price still falling? Shouldn't it be mooning? --- If this trend continues, next year DOGE ETF will be almost catching up with BTC... --- A 152% surge in trading volume? Now that’s the real star.

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Token_Sherpa

· 01-12 14:09

ngl, the 0.50% fee is kinda mid when you're just holding a meme coin... like what's the utility here beyond "it exists now"? velocity trap incoming fr fr

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fomo_fighter

· 01-12 13:59

TDOG is here again, another Dogecoin ETF... But honestly, I've seen trading volume surge many times before. Can it really support the market? The price actually dropped, what's going on? Wait, this 0.5% fee rate is indeed good, but it can't withstand this wave of decline. FOMO is back again. I'll just see who ends up taking the last buy-in.

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LadderToolGuy

· 01-12 13:48

Another DOGE spot ETF... This time, the defenses are completely broken, institutions are rushing in madly --- TDOG? Turns out they really want to cover the entire Wall Street, with a 0.50% fee rate, that's quite reasonable --- Trading volume surged by 152%, but the price actually fell? That's outrageous, retail investors are about to be harvested again --- With endorsements from three custodians, finally feeling a bit more secure, unlike some projects with black box operations --- Wait, could this recent drop be a tactic before whales start selling off? --- Just after dropping to 0.1366, it’s being pushed back up again—it's like a roller coaster --- Grayscale, Bitwise, 21Shares taking turns—definitely optimistic about DOGE's future

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