21Shares Applies for Dogecoin ETF Backed by House of Doge

Quick Summary:

The Dogecoin Foundation’s corporate arm plans to market the fund as it aims for wider adoption of the popular meme token.

The asset is down from a three-year-high price of $0.475 last November, when Elon Musk ramped up his efforts to promote a U.S.government initiative with the name of the token's ticker on social media.

The organization also struck a deal in March to advertise Dogecoin on driver Devlin DeFrancesco's vehicle at the Indianapolis 500 race this May.

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Article Details

Author / Journalist: Liz Napolitano

Category: Crypto

Markets: EstoniaFranceIndiaSwitzerland

Topics: Dogecoin Business

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 17:10:51 (5 days ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 451 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 27776563

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 4 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 18 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #63

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