Dogecoin Breaks Record: Grayscale Officially Launches First ETF

Source: TokocryptoBlog Original Title: Dogecoin Breaks Record: Grayscale Officially Launches First ETF Original Link: https://news.tokocrypto.com/dogecoin-pecahkan-rekor-grayscale-resmi-luncurkan-etf-pertama/ Grayscale, one of the most influential cryptocurrency asset managers in the world, has finally shaken up the market by announcing the official launch date of the Grayscale Dogecoin Trust ETF (GDOG). This investment product is set to debut on NYSE Arca on Monday, November 24, 2025, marking one of the most symbolic moments in the history of memecoins.

Interestingly, this is the first Dogecoin ETF registered under the Securities Act of 1933. This approach offers lighter regulatory oversight, but it also comes with higher risks. Nevertheless, its accessibility is much easier for traditional and institutional investors.

Dogecoin ETF: When Culture Meets Crypto

Grayscale refers to the birth of GDOG as a moment “when culture meets crypto.” Dogecoin, which was originally just an internet joke, has now officially entered Wall Street exchanges as an asset that can be purchased through regular brokerage accounts, with a management fee of 0.35%.

This ETF provides indirect exposure to Dogecoin without the need to purchase the underlying asset. This opens the door for more investors to engage in the crypto market, particularly from the institutional sector.

Grayscale also emphasizes that Dogecoin has evolved into a global cultural phenomenon, surpassing its status as merely a memecoin.

ETF Analyst: GDOG Could Enter the “Top 10” Best Products

President of NovaDius Wealth, Nate Geraci, confirmed the launch of GDOG and called it a “highly symbolic launch.” He sees the presence of GDOG as evidence of significant changes in U.S. crypto regulation over the past year.

According to Geraci, many may underestimate this ETF, but he considers the launch to be a monumental symbol of the shift in US crypto policy. He even referred to the ticker GDOG as one of the best in the ETF market.

The launch of GDOG coincided with the debut of Grayscale's XRP ETF, GXRP, which was listed on NYSE Arca on the same day, expanding Grayscale's digital asset ETF portfolio.

US Crypto Regulations Have Changed Drastically

As a note, the United States has just approved its first crypto ETF in January 2024 after years of rejections. This decision came after Grayscale won its lawsuit against the SEC in court.

Now, it is not just Bitcoin, but altcoins and even memecoins that are starting to receive ETF approvals. Despite concerns about volatility and lack of intrinsic value, experts remain optimistic that GDOG will thrive.

From Meme to Global Financial Tool

In its statement, Grayscale praised Dogecoin, which now supports fast and inexpensive payments, online tipping, everyday transactions, and has a very active global community.

Krista Lynch, Senior Vice President of ETF Capital Markets at Grayscale, stated that the uplisting of GDOG will provide broader access for investors to the Dogecoin network that processes thousands of fast and affordable transactions every day.

He added that Dogecoin has evolved from an internet meme to a relevant financial tool, in line with Grayscale's mission to expand access to digital assets.