Overview
- GDOG is a conversion of Grayscale’s Dogecoin Trust into a spot ETF that holds physical DOGE under a Securities Act of 1933 structure.
- NYSE Arca certified listings on November 21, and trading began today under ticker GDOG alongside Grayscale’s XRP fund, GXRP.
- Grayscale set a 0.35% sponsor fee but waived it to 0% for the first three months or until the fund reaches $1 billion in assets.
- Bloomberg’s Eric Balchunas projected roughly $11–12 million in first‑day GDOG trading volume.
- Bitwise plans to launch its competing U.S. Dogecoin ETF on November 26, underscoring a fast‑growing lineup of single‑asset altcoin ETFs.