21Shares Launches First Dogecoin ETF (TDOG) on Nasdaq with SEC Approval

Following the launch of the TDOG ETF by 21Shares on Nasdaq, Dogecoin (DOGE) is navigating price volatility despite a strong 20% growth recorded in December. The asset is currently trading near $0.09, reflecting a 23% retracement Year-To-Date (YTD) after initial gains in early 2026. While the first days of the new year saw price increases, the current retracement has brought the $0.087 support level back into focus. Market data highlights active accumulation by retail investors, contrasting with a sharp decline in institutional interest following the ETF debut. Technical indicators remain cautious, with the MACD showing bearish momentum and the RSI at a neutral 45.19. This performance underscores a transition from the enthusiasm of the ETF launch to a struggle for stability against broader year-to-date declines.

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