Dogecoin’s recent movement followed the arrival of the first US spot DOGE ETFs. Grayscale launched GDOG on NYSE Arca with $1.41 million in day-one volume and zero net inflows. The listing expanded regulated access for traders tracking the asset.
Bitwise introduced its product under the ticker BWOW on November 26. The firm set a 0.34% management fee with a temporary 0% rate on the first $500 million. The launch added another exchange-traded route for gaining exposure to the asset.
Hunter Horsley, Bitwise’s CEO, shared a statement on the social platform X. He noted DOGE’s long presence in online culture and confirmed the availability of BWOW for brokerage accounts. These developments followed months of trading near the $0.14 zone as Dogecoin held firm during repeated tests.
Read More: