Grayscale Seeks SEC Approval for Dogecoin Spot ETF Launch

Digital currency investment firm Grayscale has officially filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) to launch a spot Dogecoin exchange-traded fund (ETF). The move comes as Dogecoin’s price surges, driven by increased institutional interest in the meme cryptocurrency despite market volatility. If approved, the GDOG ETF will be listed on the NYSE Arca exchange, allowing investors to gain direct exposure to Dogecoin without needing to hold or manage the token directly. Grayscale highlights that this initiative furthers its commitment to expanding investment access to digital assets within traditional financial markets.