Reported about 1 month ago
Grayscale has launched a Dogecoin Trust, enhancing its cryptocurrency investment options. Originally created as a joke, Dogecoin has gained significant traction, supported in part by figures like Elon Musk. This new trust is aimed at simplifying the investment process for accredited investors, despite its higher fees and risks compared to ETFs. Meanwhile, Bitwise has also filed for a Dogecoin ETF with the SEC, reflecting the growing interest in meme coins, which have become increasingly popular.
Source: YAHOO