21Shares Debuts Leveraged Dogecoin ETF After FalconX Acquisition
On Nov. 20, 2025, 21Shares rolled out a leveraged Dogecoin ETF after completing its acquisition of crypto prime broker FalconX. The new fund delivers amplified exposure to DOGE, targeting traders and investors seeking higher-risk, higher-reward access to the meme-token market. 21Shares says the combined firm will use FalconX’s execution and custody infrastructure to support the ETF’s operations and liquidity.
The launch marks a notable step in product diversification for 21Shares and underscores growing institutional interest in alternative crypto exposure. For market participants, the ETF could increase trading volume and price discovery in DOGE, though leveraged instruments carry elevated volatility and risk. Strategically, the deal and product rollout signal 21Shares’ intent to expand its footprint across spot, derivatives and custody services in the global digital-asset ecosystem.