Grayscale Launches GDOG as First U.S. Dogecoin Spot ETF; DOGE Rises 5% to $0.152
Grayscale's GDOG fund began trading on NYSE Arca, becoming the first U.S. spot exchange-traded fund for Dogecoin. DOGE gained 5% intraday to reach $0.152 but remains well below its October peak near $0.26. Futures open interest held steady between $1.3 billion and $1.5 billion, reflecting restrained trader activity.