Grayscale spot Dogecoin ETF (GDOG)
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Bitwise Dogecoin ETF Debut Imminent After Quiet Start for Grayscale DOGE Fund
Yahoo Finance· 2025-11-25 21:29
Group 1 - Bitwise's Dogecoin ETF, BWOW, has been approved for listing and registration by NYSE Arca, allowing investors to gain exposure to Dogecoin with assets custodied by Coinbase Custody Trust [1] - Grayscale's recently launched spot Dogecoin ETF, GDOG, achieved a daily trading volume of approximately $1.4 million, which was lower than the initial prediction of $12 million for its first day [2] - The muted start of GDOG contrasts with the strong debut of other altcoin ETFs, such as Canary Capital's spot XRP fund, which generated over $58 million in trading volume on its first day [3] Group 2 - 21Shares has introduced TXXD, a 2x leveraged long DOGE ETF, allowing traders on Nasdaq to potentially earn double the daily performance of Dogecoin [4] - Despite being the 10th largest cryptocurrency by market capitalization, Dogecoin has experienced a decline of over 24% in the last month, currently trading at $0.15, which is 79% below its all-time high of $0.73 in 2021 [4]