21Shares has submitted an updated Dogecoin ETF filing to the U.S. Securities and Exchange Commission, confirming its management fee and adding new custodial details. The spot Dogecoin ETF is expected to debut this month alongside similar products from Grayscale (GDOG) and Bitwise (BWOW), adding to the renewed momentum behind DOGE.
According to the latest SEC filing, 21Shares filed a fifth amendment to its S-1 registration to confirm a 0.50% management fee. The fee will accumulate daily and be paid weekly in arrears, directly in Dogecoin. While the issuer has not announced any fee waivers, it is expected that those details could be clarified before the ETF officially launches. The filing also notes that the delaying amendment remains in place until effectiveness is achieved through an 8(a) submission.
The update names The Bank of New York Mellon as the administrator, cash custodian, and transfer agent. Anchorage Digital Bank and BitGo will also serve as custodians for the trust. Earlier disclosures indicated that Coinbase Custody Trust Company would act as custodian, while 21Shares US LLC will provide seed capital.
The ETF will trade on Nasdaq under the ticker symbol “TDOG” and will track Dogecoin’s price using the CF Dogecoin-Dollar US Settlement Price Index. The fund will use $1.5 million of seed capital to acquire DOGE before trading begins. Additional service providers include Wilmington Trust NA as trustee, Foreside Global Services as marketing agent, and Cohen & Company as the accounting firm.
Dogecoin has responded positively to the filing update. DOGE surged more than 11% in the past 24 hours, rising above $0.15. Trading volume jumped by 32%, reflecting strong interest from market participants. Despite the price remaining below the 50-MA and 200-SMA on the daily chart, a trendline breakout has helped stabilize sentiment. The RSI has climbed to 45.19, suggesting the possibility of further upward movement.
Derivative markets also show strong activity. CoinGlass data reveals that Dogecoin futures open interest has increased by more than 8% to $1.50 billion in the last 24 hours. On the 4-hour timeframe, open interest rose across major exchanges: 1.5% on Binance, 1.64% on OKX, and 1.26% on Bybit. This signals growing bullish conviction among leveraged traders.
