Levered Dogecoin Bet Heats Up as 21Shares ETF Draws Flows Equal to Over a Third of Its Assets

Levered Dogecoin Bet Heats Up as 21Shares ETF Sees Flows Equal to Over a Third of Its Assets

The 21Shares 2x Long Dogecoin ETF, TXXD, drew fresh capital on January 09, 2026, with investors adding $1,467,168 in net inflows. That single-day move is striking relative to the product’s scale: with current assets under management of $4,034,712, the latest flow represents roughly 36.4% of total AUM, underscoring how quickly sentiment can swing in this leveraged meme-coin vehicle.

Such a large proportional inflow suggests traders are looking to re-gear exposure to Dogecoin after a period of notable price weakness. Leveraged products like TXXD are typically used for short-term tactical positioning rather than long-term holding, so the allocation surge may be read as a high-conviction bet on a rebound—or a speculative bid to trade heightened volatility—rather than a simple passive allocation.

The related asset, DOGE-USD, is currently trading at $0.13979. Over the past three months, Dogecoin has dropped about 24.9%, reflecting fading momentum across meme tokens and a broader rotation into more established large-cap crypto names. Technically, the short-term backdrop remains fragile, with the 1-day signal flashing Sell, indicating that price action has yet to confirm any decisive reversal.

The juxtaposition of heavy inflows into a 2x long ETF against a negative short-term technical picture highlights a familiar crypto dynamic: speculative capital is moving in ahead of confirmation, betting that recent weakness may have gone too far. Whether those inflows mark the start of a sustained bounce or simply fuel another bout of volatility will depend on how Dogecoin trades in the coming sessions.

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