Grayscale Dogecoin ETF Launches with Initial Fee Waiver

According to Odaily, Bloomberg Senior ETF Analyst Eric Balchunas announced on the X platform that the Grayscale Dogecoin ETF is set to launch today. The ETF will have a fee of 35 basis points, trading under the code GDOG. However, no fees will be charged until the ETF's assets reach $1 billion or for the first three months of trading, whichever comes first. The first-day trading volume is expected to reach $12 million.