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Dogecoin Doubled: Leveraged 21Shares ETF Draws Big Inflows Despite Meme Coin Slump

Dogecoin Doubled: Leveraged 21Shares ETF Draws Big Inflows Despite Meme Coin Slump

Dogecoin Leverage Fund Sees a Quarter of Its Capital Surge In Amid Slump

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The 21Shares 2x Long Dogecoin ETF, TXXD, attracted fresh inflows of $1,368,944 on January 20, 2026, even as its underlying meme coin remains under pressure. The latest subscription represents roughly 25.4% of the fund’s $5,382,160 in assets under management (AUM), a striking vote of confidence in leveraged Dogecoin exposure during a downturn.

The related asset, DOGE-USD, is currently trading at $0.12686, having shed about 33.9% over the past three months. Technically, Dogecoin is flashing a short-term warning sign, with a 1-day signal of Sell, underscoring the growing divergence between cautious price action and investors’ apparent appetite for leveraged upside via TXXD.

Such a sizeable single-day intake into TXXD suggests that some traders are positioning for a rebound in one of the most volatile corners of the crypto market, using leverage to amplify any potential recovery. However, the negative three-month performance and bearish near-term technicals on Dogecoin highlight that this remains a high-risk bet, likely driven more by speculative conviction than by improving fundamentals.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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