Big Money Chases a Doge Rebound: 21Shares’ 2x Long ETF Pulls Inflows Equal to a Third of Its Assets

Leveraged Dogecoin Bet Roars Back as 21Shares’ TXXD Sees One-Third of Assets in Fresh Inflows

The 21Shares 2x Long Dogecoin ETF, TXXD, drew a surge of speculative capital on January 5, 2026, posting fresh inflows of $885,990. The single-day haul amounts to roughly 32.3% of the fund’s latest reported assets under management (AUM) of $2.74 million, a dramatic move that underscores renewed risk appetite in leveraged meme-coin trades despite a weak underlying price trend.

The related asset, DOGE-USD, is currently trading at $0.14203, down about 41.8% over the past three months. Despite this pronounced drawdown, the short-term technical picture remains ambiguous, with a 1-day signal of Hold, suggesting neither clear bullish nor bearish momentum dominance in the immediate term.

The hefty inflow into TXXD looks less like a belief in Dogecoin’s current fundamentals and more like a leveraged contrarian wager that the sharp three-month slide has gone too far. With more than a third of the ETF’s capital effectively added in a single session, positioning risk is rising: any further downside in DOGE could quickly magnify losses for investors, while even a modest rebound could be amplified through the fund’s 2x structure.

For now, the tension between Dogecoin’s deteriorating medium-term performance and the influx of leveraged capital into TXXD highlights a familiar crypto dynamic: speculative interest often returns well before price charts show clear signs of recovery. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.