Grayscale Dogecoin ETF Launches with Fee Waiver

Grayscale’s long-awaited Dogecoin exchange-traded fund (ETF) is set to launch today, as announced by Bloomberg Senior ETF Analyst Eric Balchunas on X. The GDOG ETF will initially carry a 35 basis point fee. Notably, there will be no fees charged until the ETF reaches $1 billion in assets or for the first three months of trading, whichever comes first. Initial trading volume is anticipated to reach $12 million.