Dogecoin Leverage ETF Pulls in Fresh Cash Despite Meme Token Slump
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The 21Shares 2x Long Dogecoin ETF, TXXD, drew a sizable new inflow of $885,990 on January 5, 2026, even as its underlying meme coin trades well below recent highs. The leveraged product now manages $2,712,724 in assets under management (AUM), with the latest subscription wave representing a striking 32.66% of its total AUM.
This surge in flows suggests that speculative appetite around leveraged Dogecoin exposure remains alive, with traders seemingly willing to buy into volatility rather than retreat from it. Such a large single-day inflow, relative to fund size, can amplify both upside potential and downside risk for investors, especially given the ETF’s 2x leverage profile tied to an already volatile asset.
The related asset, DOGE-USD, is currently trading at $0.14056 and has shed about 41.53% over the past three months, underscoring the sharp correction that has hit meme coins and broader altcoins in recent weeks. Despite that decline, the short-term technical picture is more neutral, with a 1-day signal currently rated as Hold, hinting that selling pressure may be stabilizing for now.
For leveraged ETF investors, the combination of deep drawdowns in Dogecoin, neutral near-term signals, and aggressive fresh inflows points to a cohort positioning either for a rebound in meme-coin sentiment or for high-risk, short-term trading opportunities around price swings.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.