, has started trading on NYSE Arca, according to Grayscale Investments.){kind=link}
Grayscale Dogecoin Trust ETF (Ticker: GDOG), the first pure spot Dogecoin ETP accessible in the US, has started trading on NYSE Arca, according to Grayscale Investments, the biggest digital asset-focused investing platform* in the world.
GDOD starts trading
Dogecoin is an open-source, peer-to-peer network that enables regular payments, tipping, and other data-driven services. It is well-known for its quick, inexpensive transactions and active community.
Long regarded as one of the first “memecoins,” Grayscale thinks DOGE has developed into a useful instrument for improving financial accessibility. Dogecoin has become quite popular all around the world because of its large user base, low cost, and quick transaction rates.
“With GDOG’s uplisting on NYSE Arca, we’re expanding investor exposure to a network that’s fast, low-cost, and leveraged by thousands of users every day,” said Krista Lynch, Senior Vice President, ETF Capital Markets, at Grayscale.
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“Dogecoin has evolved from internet culture to real world utility, and that maturation aligns with our objective to make digital assets more accessible to a greater number of investors.”
The history
One of the first single-asset vehicles in the United States offering exposure to the native token of the Dogecoin network, Grayscale Dogecoin Trust was originally introduced as a private placement for qualified accredited investors in January 2025.
DOGE’s price actions
Many digital assets, like DOGE, have seen tremendous volatility in their trading values recently, and this trend may continue. And today, despite the news, the cryptocurrency is down by 1% in the last 24 hours.
The global market cap is at $22.01 billion and the memecoin is trading at $0.1449. The 24 hours trading volume is also up by 26%.
Growing interest in DOGE as a viable digital currency is demonstrated by the Dogecoin ETP. The coin’s worldwide user base and quick transaction speed were highlighted by Grayscale. DOGE’s price and community backing have led to its widespread adoption.
Dogecoin, in Grayscale’s opinion, is consistent with its goal of financial accessibility. Because the asset is open-source, daily micro-payments and real-time applications are supported. Online interactions, tipping services, and other blockchain applications are still powered by DOGE.
Investors can trade the Dogecoin ETP during regular market hours now that GDOG is operational on NYSE Arca. According to the company, the price of GDOG’s shares is determined by the market value of DOGE. This maintains accessibility through conventional brokerage systems while guaranteeing real-time exposure.
All investors on NYSE Arca can presently access the Dogecoin ETP, ticker GDOG. GDOG has been added to Grayscale’s line of single-asset cryptocurrency investment products.