tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Dogecoin on Leverage: 21Shares’ 2x ETF Sees Nearly One-Fifth of Assets in Fresh Inflows

Dogecoin on Leverage: 21Shares’ 2x ETF Sees Nearly One-Fifth of Assets in Fresh Inflows

Dogecoin on Leverage: 21Shares’ 2x ETF Sees Nearly One-Fifth of Assets in Fresh Inflows

Claim 70% Off TipRanks Premium

The 21Shares 2x Long Dogecoin ETF, ticker TXXD, attracted $1,025,538 in new money on January 13, 2026, a sizeable bet on leveraged meme-coin exposure that amounts to 18.7% of its $5,482,932 in assets under management. The sharp single-day intake underscores how quickly sentiment can pivot in niche crypto products, even as the underlying token remains under pressure.

The related asset, DOGE-USD, is currently trading at $0.13943, having shed about 26.1% over the past three months. Despite this drawdown and a short-term Sell technical signal on the one-day timeframe, investors appear willing to use the drawdown as an entry point—albeit via a high-octane, 2x leveraged wrapper.

The contrast between negative recent price momentum in Dogecoin and robust inflows into TXXD highlights a speculative turn rather than a broad-based shift in fundamentals. Such flow spikes can amplify volatility both in the ETF and in the underlying token’s derivatives markets, as issuers rebalance exposure to maintain the targeted leverage. If Dogecoin’s weakness persists, TXXD holders face amplified downside; if the meme coin stages a rebound, this week’s buyers could be positioning ahead of a sharp snapback.

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

Disclaimer & DisclosureReport an Issue

1