Alert
Grayscale Dogecoin ETF (GDOG) Launching Today with 35bps Fee Waived Initially
Bloomberg Senior ETF Analyst Eric Balchunas has reported that Grayscale's Dogecoin ETF is expected to launch today under the ticker GDOG. The fund's debut is projected to see a first-day trading volume of approximately $12 million.
The ETF will carry a management fee of 35 basis points (bps). However, Grayscale has implemented a fee waiver for the first three months or until the fund reaches $1 billion in assets, whichever comes first. This pricing strategy positions it aggressively as it enters the market.