TXXD
21shares 2x Long Dogecoin ETF (TXXD) is designed to give investors simple, regulated access to leveraged exposure to one of crypto’s most enduring and fastest-growing assets, through a familiar, exchange-traded structure.
Investment objective
The 21shares 2x Long Dogecoin ETF (TXXD) seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily price performance of Dogecoin (DOGE). The Fund does not seek to achieve its stated investment objective for any period other than a single day, measured from one net asset value (NAV) calculation to the next.
Fund activity
The Fund is an exchange-traded fund designed to deliver twice the daily price performance of Dogecoin through exposure to DOGE-related financial instruments—such as swap agreements, futures, and other derivatives—rather than direct ownership of DOGE. Under normal circumstances, the Fund will invest at least 80% of its assets in instruments that provide DOGE exposure consistent with its 2x daily objective.
Access a cultural icon with real-world adoption
Dogecoin has transformed internet culture, humor, identity, and community into a digital asset, becoming the currency for a new generation.1 With fast transactions and low fees, Dogecoin has garnered support from pioneers and emerged as a solution for everyday payments, with major brands like Tesla and AMC Theatres now accepting Doge as a payment method.
Amplify exposure in bull markets
Dogecoin has gained popularity and value over the years. A 2x ETF is designed to provide twice the daily performance of its underlying asset, which can significantly enhance gains during market upswings. Because the same leverage can also increase losses during downturns, these products are generally intended for short-term use and active monitoring.
Access leverage positions in a transparent way
A 2x ETF offers built-in leverage in a familiar ETF structure, letting investors participate in Dogecoin’s growth potential while avoiding many of the costs, margin requirements, and account minimums tied to traditional leverage. However, losses can also be amplified, making the ETF best for active, short-term strategies with close monitoring.
Performance
The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Shares are bought and sold at market price (not NAV) and are no individually redeemed from the Fund. Total Returns (Net Asset Value) are calculated using the daily 4:00pm net asset value (NAV). Returns over one year are annualized.
The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns (Net Asset Value) are calculated using the daily 4:00pm net asset value (NAV). Returns over one year are annualized. To obtain performance as current as of the most recent month-end, please visit 21shares.com/en-us/products-us/txxd. Performance is inclusive of dividends.
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call 646-370-6016 or visit the Fund’s website at www.21shares.com.
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may only be acquired or redeemed from the fund in creation units. Brokerage commissions will reduce returns.
The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns (Net Asset Value) are calculated using the daily 4:00pm net asset value (NAV). Returns over one year are annualized. To obtain performance as current as of the most recent month-end, please visit 21shares.com/en-us/products-us/txxs. Performance is inclusive of dividends.
Premium/Discount
The amount that the Fund’s market price is about the reported NAV is called the premium. The amount that the Fund’s market price is below the NAV is called the discount. The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.
The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.
The amount that the Fund’s market price is about the reported NAV is called the premium. The amount that the Fund’s market price is below the NAV is called the discount. The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.
The amount that the Fund’s market price is above the reported NAV is called the premium. The amount that the Fund’s market price is below the NAV is called the discount. The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.
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