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Analysts See Grayscale’s Dogecoin ETF Nearing Launch as Soon as Next Week

An S-1 amendment has set expectations for GDOG to list pending an NYSE notice.

Overview

  • Bloomberg’s Eric Balchunas said GDOG could start trading Monday, noting it will not be confirmed until the exchange files its listing notice.
  • Grayscale’s product is structured for spot-style exposure that holds Dogecoin with Coinbase Custody, offering a different approach to rival DOGE funds.
  • REX‑Osprey’s DOJE launched Sept. 18 on CBOE with synthetic exposure via derivatives managed through a Cayman subsidiary under the 1940 Act.
  • Grayscale filed an S‑1 on Aug. 15 and a 19b‑4 with NYSE Arca on Jan. 31, then amended its prospectus this month following its trust‑to‑ETF conversion playbook.
  • Altcoin ETFs continue to roll out, with VanEck’s Solana ETF listing Monday and Canary Capital’s spot XRP fund debuting last week with $58 million in first‑day trading.