Long

Dogecoin ETF

The best-performing&nbsp;exchange-traded funds (ETFs)&nbsp;to start 2026 are a 2x <a href="https://www.thestreet.com/crypto/trading/dogecoin-crypto-analyst-prediction" rel="noopener noreferrer nofollow">Dogecoin</a> ETF and a 2x single stock semiconductor ETF,&nbsp;Bloomberg's senior analyst,&nbsp;Eric Balchunas, <a href="https://x.com/EricBalchunas/status/2008159807547596936" rel="noopener noreferrer nofollow">highlighted on X</a> on Jan. 5.
The leveraged crypto ETF is the top fund of the year so far, as per the analyst's post.
<a href="https://www.thestreet.com/crypto/trading/dogecoin-crypto-analyst-prediction" rel="noopener noreferrer nofollow">Related: Dogecoin could 'totally burst from here,' crypto analyst predicts</a>
<h2 id="understanding21shares-2x-long-dogecoin-etf">Understanding&nbsp;21Shares 2x Long Dogecoin ETF</h2>
To put it simply, an ETF is a type of investment fund that you can buy and sell on the stock market, just like a regular stock.
A meme coin is a type of cryptocurrency that is created as a joke or a prank on the mainstream crypto industry. Influenced by internet memes and trends, it gains popularity through social media or celebrity endorsements, rather than traditional fundamentals like utility or innovation.
Launched in 2013, Dogecoin is the first meme coin that began as a prank on <a href="https://www.thestreet.com/crypto/bitcoin" rel="noopener noreferrer nofollow">Bitcoin</a>&nbsp;(BTC), the first decentralized cryptocurrency. But&nbsp;<a href="https://x.com/elonmusk/status/1985373548840636724" rel="noopener noreferrer nofollow">praise from billionaire Elon Musk</a>&nbsp;made it a very popular token.
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 <figcaption>
 Elon Musk, chief executive officer of Tesla Inc., wears a "DOGE" hat during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025.
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With a market capitalization of over $25 billion, it is the ninth-largest cryptocurrency.
Launched on Nov. 19, 2025,&nbsp;the 21Shares 2x Long Dogecoin ETF&nbsp;(Nasdaq: TXXD)&nbsp;is&nbsp;a high-octane way to gain indirect exposure to the popular meme coin.&nbsp;
A twice-leveraged fund,&nbsp;TXXD&nbsp;aims to deliver twice the daily performance of Dogecoin. For investors seeking amplified crypto exposure, the leveraged fund is a popular choice.
The launch coincided with&nbsp;FalconX <a href="https://www.falconx.io/newsroom/falconx-completes-acquisition-of-21shares" rel="noopener noreferrer nofollow">acquiring</a> 21Shares which boosted the fund manager's&nbsp;distribution strength.
Notably,&nbsp;21Shares also <a href="https://www.globenewswire.com/news-release/2025/04/09/3058135/0/en/21Shares-Forms-Exclusive-Partnership-with-the-House-of-Doge-to-Launch-Dogecoin-ETP-in-Europe.html" rel="noopener noreferrer nofollow">partnered</a> with House of Doge, the corporate wing of the Dogecoin Foundation, in April 2025 to launch what it called the only&nbsp;Dogecoin ETP endorsed by the Dogecoin Foundation.
<h3 id="more-news">More News:</h3>
<ul>
 <li><a href="https://www.thestreet.com/crypto/jobs/elon-musks-x-job-advert-gets-doge-crypto-excited" rel="noopener noreferrer nofollow">Elon Musk's X posts new job advertisement, gets DOGE community excited</a></li>
 <li><a href="https://www.thestreet.com/crypto/markets/massive-ev-charging-giant-to-accept-xrp-bitcoin-dogecoin-payments" rel="noopener noreferrer nofollow">Massive EV charging giant to accept XRP, Bitcoin, Dogecoin payments</a></li>
 <li><a href="https://www.thestreet.com/crypto/markets/dogecoin-etf-approval-this-week-in-us" rel="noopener noreferrer nofollow">Dogecoin skyrockets on shocking news</a></li>
</ul>
<h2 id="dogecoin-etf-generates-ytd-return-of-38-73">Dogecoin ETF generates YTD return of 38.73%</h2>
The 21Shares 2x Long Dogecoin ETF&nbsp;is a popular crypto ETF among traders who seek indirect yet amplified exposure to Dogecoin and can tolerate risks arising from price volatility.
So far, the fund has generated a year-to-date (YTD) return of 38.73% and held $1.59 million in assets under management (AUM), Balchunas' post highlighted.
At the time of writing, TXXD was exchanging hands at $21.05, up 18% in a day.
Dogecoin, on the other hand, was trading at&nbsp;$0.1522, up 1.6% in the last 24 hours.
Disclaimer:&nbsp;This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research before making any investment decisions.

Veteran analyst picks Dogecoin ETF as top fund to start 2026

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