Grayscale Seeks Approval for Spot Dogecoin ETF: Potential Impact on Crypto Markets

Grayscale Investments has filed for a spot Dogecoin Exchange-Traded Fund (ETF), hoping to unlock increased institutional interest and liquidity in the memecoin. This filing, submitted on August 15, 2025, aims to transition the existing Dogecoin Trust into a regulated product after approval by the U.S. Securities and Exchange Commission (SEC). The proposed GDOG ETF will be listed on NYSE Arca, providing another pathway for traditional investors to access cryptocurrencies like Dogecoin.