21Shares Amends Dogecoin ETF Filing to Reveal Fees & Other Details — Source: CoinGape 21Shares updates its Dogecoin ETF application with the US SEC. The issuer reveals 0.50% as management fee and new custodians. 21Shares Dogecoin ETF hasn't disclose any fee waiver yet. DOGE price skyrocketed more than 11% to above $0.15. 21Shares amended its Dogecoin ETF application with the U.S. Securities and Exchange Commission (SEC) to confirm fees and provide additional details. The spot Dogecoin ETF is exp ...

Core Insights - Bitwise launched its Dogecoin exchange-traded fund (ETF) on the New York Stock Exchange, featuring branding with the iconic cartoon dog [1] - Dogecoin, which started as a joke, has become a significant player in the crypto market, ranking as the ninth-largest digital asset with a market value of approximately $23 billion [3] - The launch of the Bitwise Dogecoin ETF (BWOW) comes amid a competitive landscape, with other Dogecoin ETFs already in the market, including Grayscale's and REX-Osprey's [5] Group 1: Bitwise Dogecoin ETF Launch - The Bitwise Dogecoin ETF is designed to track the price of Dogecoin, with assets held by Coinbase Custody Trust Company, LLC [6] - The ETF's approval was granted by NYSE Arca, part of the NYSE Group, just before its debut [6] - Initial trading volume for Grayscale's Dogecoin ETF was reported at about $1.4 million on its first day [5] Group 2: Market Context and Performance - Dogecoin's popularity surged due to social media endorsements from figures like Elon Musk, which helped elevate it beyond its meme origins [3] - Despite its growth, Dogecoin does not position itself as a complex financial project, focusing instead on user freedom in spending [2] - Following a brief boost in 2025 due to the establishment of a U.S. government unit named after Dogecoin, the price has since retreated to around $0.15 [4]

Group 1 - Grayscale has launched exchange-traded funds (ETFs) for Dogecoin (DOGE) and XRP, which began trading on NYSE Arca under the tickers GDOG and GXRP [1] - The GDOG and GXRP funds will have a 0% expense ratio for the first three months or until $1 billion is traded, a strategy to attract investors [2] - The launch of these ETFs coincides with a surge in altcoin ETFs, with over 100 crypto ETFs expected to be listed in the next six months [3] Group 2 - Canary Capital's XRP ETF achieved over $58 million in trading volume on its first day, marking it as the strongest ETF debut of the year [4] - The market is seeing a rise in leveraged ETFs for cryptocurrencies like Dogecoin, Bitcoin, and Ethereum, indicating a growing appetite for risk among investors [4] - XRP is currently trading at $2.07, down approximately 43% from its all-time high of $3.65, while DOGE is at $0.14, down 80% from its 2021 peak of $0.73 [5]