• Grayscale has listed the Dogecoin Spot ETF within the US.
• GDOG trades on the NYSE Arca, and analysts count on its debut quantity to be $12 million.
• This ETF monitoring main meme cash is certainly one of many anticipated within the coming days.

Cryptocurrency asset administration firm Grayscale has launched the primary spot Dogecoin exchange-traded fund in the US.

The spot ETF, which started buying and selling on the NYSE Arca underneath the ticker “GDOG” on November 24, 2025, marks one other milestone within the cryptocurrency market, particularly for meme cash.

Senior ETF analyst Eric Balchunas says GDOG is the following step as extra ETFs enter the U.S. market.

Dogecoin Spot ETF enters US market

Grayscale’s Dogecoin spot ETF, GDOG, is now open to traders, who can now buy shares of the product by means of their brokerage accounts.

GDOG is a spot exchange-traded fund established underneath the Securities Act of 1933 that securely shops bodily Dogecoin tokens immediately, reasonably than counting on derivatives or futures contracts.

So wonderful, so excited

Grayscale Dogecoin Belief ETF (ticker: $GDOG) is now out there in your brokerage account.

many $Doge publicity, such historical past pic.twitter.com/sAtPXUyzgn

— Grayscale (@Grayscale) November 24, 2025

GDOG intently tracks the real-time market worth of DOGE.

This implies traders can use Dogecoin transparently and effectively with out the complexities of proudly owning cryptocurrencies immediately, comparable to managing personal keys or avoiding forex dangers.

To draw early inflow, Grayscale launched an aggressive pricing construction. Sponsorship charges are set at 0.35% per 12 months.

Nevertheless, the complete exemption is 0% for the primary three months or till the fund reaches $1 billion in belongings underneath administration, whichever comes first.

Grayscale’s charge waiver ends on February 24, 2026.

Cryptocurrency fanatics and analysts predict that GDOG has the potential to draw each retail and institutional traders eyeing the highest meme coin.

GDOG’s debut efficiency might lead to first-day quantity of $12 million, in keeping with Bloomberg ETF senior analyst Eric Balchunas.

First U.S. Spot Dogecoin ETF* launches at the moment from Grayscale, ticker $GDOG (Feels like a late 80’s one-hit surprise rapper). The charge is 35bps however is waived to 0.00% for the primary 1b or 3 months. First day quantity forecasts are most welcome. It goes for $12 million. *33 methodology pic.twitter.com/QbdLLxejhr

— Eric Balchunas (@EricBalchunas) November 24, 2025

DOGE Worth and Different Spot Crypto ETFs

The primary spot cryptocurrency ETF primarily based on Bitcoin and Ethereum shall be launched in the US in 2024.

Over the previous few months, this providing has elevated with the rollout of a number of funds.

Specifically, this disruption is predicted to speed up following the SEC’s new itemizing requirements, which might result in additional additions to Solana, Hedera, XRP, and Litecoin ETFs.

Balchunas mentioned GDOG shall be adopted by extra, together with almost 100, over the following six months.

The announcement comes as Dogecoin trades at $0.14 amid widespread market turmoil.

Regardless of macroeconomic pressures and sector-wide declines, DOGE worth might bounce again above $0.20 within the coming days.

Past the ETF buzz, different catalysts for DOGE embody the rise of meme cash, acquisitions of treasury firms, and the resilience of the broader altcoin market.