Dogecoin (CRYPTO: DOGE) has taken another step into the financial mainstream with the launch of a spot ETF backed by the Dogecoin Foundation. The 21shares Dogecoin ETF (NASDAQ:TDOG) began trading on Thursday, offering investors exposure to the meme-born cryptocurrency through traditional brokerage accounts.

TDOG is also the only spot Dogecoin ETF endorsed by the Dogecoin Foundation, the nonprofit that has supported the token’s decentralized development since 2014. That endorsement comes through House of Doge, the foundation’s relatively new corporate arm, backed by Elon Musk’s personal attorney, Alex Spiro.

The ETF allows both retail and institutional investors to track Dogecoin’s price…

Read more on Benzinga