21Shares has advanced its push toward a spot Dogecoin ETF launch in the U.S., adding fresh operational details and confirming its management fee in a new regulatory filing. The amendment brings clarity to the structure of the proposed TDOG fund as competition grows among issuers preparing Dogecoin products. The updates arrive while the DOGE market shows renewed strength and investors turn to regulated vehicles for exposure. The filing signals meaningful progress, although the ETF’s final approval still rests with the U.S. Securities and Exchange Commission.Fee Disclosure and Operational FrameworkAccording to the latest S-1 amendment submitted to the SEC, 21Shares confirmed a 0.50% sponsor fee for its spot Dogecoin ETF. The company stated that the fee will accrue daily and be paid weekly in Dogecoin, covering nearly all operating costs associated with the trust. It added that the fee structure places TDOG near the midpoint of current spot crypto ETFs, offering what it described as a straightforward path for regulated DOGE exposure. The amendment also noted that any expenses tied to taxes, litigation, or indemnification would require the trust to sell DOGE to meet obligations.S-1 amendment, Source: SECThe filing maintained the delaying amendment and included the earlier 8(a) submission for effectiveness. 21Shares named The Bank of New York Mellon as the administrator, cash custodian, and transfer agent, while Anchorage Digital Bank and BitGo will share custodial responsibilities for the trust’s assets. The company affirmed Coinbase Custody Trust Company as the primary custodian and identified 21Shares US LLC as the seed capital investor for the product. The trust will use $1.5 million to purchase Dogecoin either before or up to the ETF’s listing on Nasdaq. The document also listed Wilmington Trust NA as trustee, Foreside Global Services as the marketing agent, and Cohen and Company as the accounting firm. The fund will trade under the ticker TDOG and track the CF Dogecoin-Dollar US Settlement Price Index. 21Shares described the ETF as a simple spot product that will hold only Dogecoin without leverage or active trading. The issuer also noted that transaction fees for creations and redemptions fall on authorized participants, with adjustments possible following notice from the sponsor.Growing Competition Among Dogecoin ETFsThe filing comes as Dogecoin investment products gain momentum. Grayscale introduced its spot Dogecoin ETF on Nov. 24 after converting its existing trust, and Bitwise is preparing the BWOW fund. All three issuers aim to debut their Dogecoin ETFs later this month, pending regulatory clearance. These developments have increased market activity as investors anticipate broader access to DOGE through regulated platforms.21Shares recently expanded its Dogecoin lineup by launching a leveraged 2x Dogecoin ETF on Nov. 20, targeting traders seeking amplified daily exposure. The arrival of these products contributed to a notable rise in Dogecoin’s performance across late November and early December. DOGE traded near $0.15 at press time after gaining roughly 11% in a single day, supported by more than $1.7 billion in trading volume. The jump to inflows from retail traders and hedge funds rotating toward higher-volatility assets as the year progressed.21Shares has advanced its push toward a spot Dogecoin ETF launch in the U.S., adding fresh operational details and confirming its management fee in a new regulatory filing. The amendment brings clarity to the structure of the proposed TDOG fund as competition grows among issuers preparing Dogecoin products. The updates arrive while the DOGE market shows renewed strength and investors turn to regulated vehicles for exposure. The filing signals meaningful progress, although the ETF’s final approval still rests with the U.S. Securities and Exchange Commission.Fee Disclosure and Operational FrameworkAccording to the latest S-1 amendment submitted to the SEC, 21Shares confirmed a 0.50% sponsor fee for its spot Dogecoin ETF. The company stated that the fee will accrue daily and be paid weekly in Dogecoin, covering nearly all operating costs associated with the trust. It added that the fee structure places TDOG near the midpoint of current spot crypto ETFs, offering what it described as a straightforward path for regulated DOGE exposure. The amendment also noted that any expenses tied to taxes, litigation, or indemnification would require the trust to sell DOGE to meet obligations.S-1 amendment, Source: SECThe filing maintained the delaying amendment and included the earlier 8(a) submission for effectiveness. 21Shares named The Bank of New York Mellon as the administrator, cash custodian, and transfer agent, while Anchorage Digital Bank and BitGo will share custodial responsibilities for the trust’s assets. The company affirmed Coinbase Custody Trust Company as the primary custodian and identified 21Shares US LLC as the seed capital investor for the product. The trust will use $1.5 million to purchase Dogecoin either before or up to the ETF’s listing on Nasdaq. The document also listed Wilmington Trust NA as trustee, Foreside Global Services as the marketing agent, and Cohen and Company as the accounting firm. The fund will trade under the ticker TDOG and track the CF Dogecoin-Dollar US Settlement Price Index. 21Shares described the ETF as a simple spot product that will hold only Dogecoin without leverage or active trading. The issuer also noted that transaction fees for creations and redemptions fall on authorized participants, with adjustments possible following notice from the sponsor.Growing Competition Among Dogecoin ETFsThe filing comes as Dogecoin investment products gain momentum. Grayscale introduced its spot Dogecoin ETF on Nov. 24 after converting its existing trust, and Bitwise is preparing the BWOW fund. All three issuers aim to debut their Dogecoin ETFs later this month, pending regulatory clearance. These developments have increased market activity as investors anticipate broader access to DOGE through regulated platforms.21Shares recently expanded its Dogecoin lineup by launching a leveraged 2x Dogecoin ETF on Nov. 20, targeting traders seeking amplified daily exposure. The arrival of these products contributed to a notable rise in Dogecoin’s performance across late November and early December. DOGE traded near $0.15 at press time after gaining roughly 11% in a single day, supported by more than $1.7 billion in trading volume. The jump to inflows from retail traders and hedge funds rotating toward higher-volatility assets as the year progressed.

21Shares Confirms Fee Structure as Dogecoin ETF Moves Closer to Launch

21Shares has advanced its push toward a spot Dogecoin ETF launch in the U.S., adding fresh operational details and confirming its management fee in a new regulatory filing. The amendment brings clarity to the structure of the proposed TDOG fund as competition grows among issuers preparing Dogecoin products.

The updates arrive while the DOGE market shows renewed strength and investors turn to regulated vehicles for exposure. The filing signals meaningful progress, although the ETF’s final approval still rests with the U.S. Securities and Exchange Commission.

Fee Disclosure and Operational Framework

According to the latest S-1 amendment submitted to the SEC, 21Shares confirmed a 0.50% sponsor fee for its spot Dogecoin ETF. The company stated that the fee will accrue daily and be paid weekly in Dogecoin, covering nearly all operating costs associated with the trust.

It added that the fee structure places TDOG near the midpoint of current spot crypto ETFs, offering what it described as a straightforward path for regulated DOGE exposure. The amendment also noted that any expenses tied to taxes, litigation, or indemnification would require the trust to sell DOGE to meet obligations.

S-1 amendment, Source: SEC

The filing maintained the delaying amendment and included the earlier 8(a) submission for effectiveness. 21Shares named The Bank of New York Mellon as the administrator, cash custodian, and transfer agent, while Anchorage Digital Bank and BitGo will share custodial responsibilities for the trust’s assets.

The company affirmed Coinbase Custody Trust Company as the primary custodian and identified 21Shares US LLC as the seed capital investor for the product. The trust will use $1.5 million to purchase Dogecoin either before or up to the ETF’s listing on Nasdaq. 

The document also listed Wilmington Trust NA as trustee, Foreside Global Services as the marketing agent, and Cohen and Company as the accounting firm. The fund will trade under the ticker TDOG and track the CF Dogecoin-Dollar US Settlement Price Index.

21Shares described the ETF as a simple spot product that will hold only Dogecoin without leverage or active trading. The issuer also noted that transaction fees for creations and redemptions fall on authorized participants, with adjustments possible following notice from the sponsor.

Growing Competition Among Dogecoin ETFs

The filing comes as Dogecoin investment products gain momentum. Grayscale introduced its spot Dogecoin ETF on Nov. 24 after converting its existing trust, and Bitwise is preparing the BWOW fund. All three issuers aim to debut their Dogecoin ETFs later this month, pending regulatory clearance. These developments have increased market activity as investors anticipate broader access to DOGE through regulated platforms.

21Shares recently expanded its Dogecoin lineup by launching a leveraged 2x Dogecoin ETF on Nov. 20, targeting traders seeking amplified daily exposure. The arrival of these products contributed to a notable rise in Dogecoin’s performance across late November and early December.

DOGE traded near $0.15 at press time after gaining roughly 11% in a single day, supported by more than $1.7 billion in trading volume. The jump to inflows from retail traders and hedge funds rotating toward higher-volatility assets as the year progressed.

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