LATEST: Grayscale Awaits SEC Approval For Dogecoin ETF Launch Under GDOG Ticker

Grayscale is moving ahead with plans to launch an exchange-traded fund (ETF) tied to Dogecoin, filing to rename its existing Grayscale Dogecoin Trust into the Grayscale Dogecoin Trust ETF. If approved by the U.S. Securities and Exchange Commission (SEC), the fund will trade under the ticker symbol “GDOG” on NYSE Arca. This marks another step in Grayscale’s ongoing push to expand crypto investment options for mainstream traders.

The filing comes as competition heats up among firms seeking SEC approval for crypto ETFs. Rivals Rex-Osprey and Bitwise have also submitted applications, while regulators are reviewing proposals tied to other tokens such as Solana (SOL) and XRP. The momentum reflects a more favorable regulatory climate under the Biden administration, following landmark approvals of spot Bitcoin and Ethereum ETFs earlier this year.

Grayscale has been central in shaping this landscape after a pivotal court ruling forced the SEC to greenlight its spot Bitcoin ETF. Today, BlackRock’s iShares Bitcoin Trust (IBIT) dominates with over $88 billion in assets, but Dogecoin’s potential ETF debut could open a new frontier for crypto investors.

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