Grayscale's spot DOGE ETF Sees Modest Debut with $1.41M in First-Day Volume.
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TL;DR
Grayscale's spot DOGE ETF, GDOG, debuted on NYSE with $1.41M in first-day volume, falling short of $11-12M projections. It has $1.71M in net assets and a fee waiver for three months or until assets hit $1 billion.
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DogecoinGrayscaleDOGE ETFNYSEcryptocurrencyETF volume
Grayscale's spot DOGE ETF, GDOG, launched on the NYSE with $1.41M in day-one volume, well below projections of $11-12M. The ETF, converted from Grayscale's private Dogecoin Trust, has $1.71M in net assets and 94,700 shares outstanding. Grayscale has waived fees for the first three months or until assets reach $1 billion, after which the fee rises to 0.35%.
