Overview
- Bloomberg analyst Eric Balchunas projects a potential GDOG launch on Nov. 24, noting it is not confirmed until the exchange posts its listing notice.
- Grayscale is converting its Dogecoin Trust via an S-1 filed Aug. 15 and a 19b-4 to NYSE Arca on Jan. 31, a route that requires explicit SEC clearance before trading.
- GDOG is designed as a spot-style fund holding DOGE with Coinbase Custody, in contrast to REX-Osprey’s DOJE, which began trading Sept. 18 on Cboe using derivatives through a Cayman subsidiary.
- REX-Osprey’s 1940 Act structure enabled faster, automatic effectiveness, whereas Grayscale’s 1933 Act path moves only after direct SEC approval.
- Altcoin ETFs are expanding, with VanEck’s Solana ETF and Canary Capital’s spot XRP fund debuting recently as issuers race to add single-asset products.