Grayscale Launches Dogecoin Trust ETF on NYSE Arca

Grayscale Investments has launched its Grayscale Dogecoin Trust exchange-traded fund (ETF), trading under the ticker GDOG, marking a significant step for both the company and the memecoin market. This innovative ETF allows investors to gain exposure to Dogecoin (DOGE) without directly owning the tokens. Notably, the GDOG launch takes place on the New York Stock Exchange (NYSE) Arca, expanding accessibility for individuals seeking to participate in the Dogecoin ecosystem.