The 21Shares 2x Long Dogecoin ETF (ticker: TXXD) aims to deliver twice the daily price performance of Dogecoin (DOGE), before fees and expenses, through a regulated, exchange‑traded structure listed on Nasdaq. Instead of holding DOGE directly, the fund gains exposure through DOGE‑linked financial instruments such as futures contracts, swaps and other derivatives, and may also reference spot DOGE ETPs.

TXXD sits within 21Shares’ growing U.S. ETF lineup as a leveraged, single‑asset product built for short‑term, active trading rather than long‑term buy‑and‑hold exposure. Because the fund rebalances daily to maintain its 2x target, returns over periods longer than one day can diverge significantly from twice DOGE’s cumulative performance, especially in volatile markets.

The ETF is issued by 21Shares US LLC, advised by Teucrium Investment Advisors, and custodied by U.S. Bank National Association. Its launch comes as FalconX completes its acquisition of 21Shares, a deal intended to scale out ETF product development and distribution while keeping 21Shares operating independently under its existing leadership.