Sep 23, 2025
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Grayscale Seeks SEC Approval for New Dogecoin ETF Ticker GDOG
Grayscale has updated its filing with the SEC to convert its existing Dogecoin Trust into an ETF, potentially trading on NYSE Arca under the ticker GDOG. If approved, this would allow regular investors to gain regulated exposure to [Dogecoin](https://holder.io/coins/doge/).
- Coinbase will serve as the custodian and prime broker for the ETF.
- The move comes amid increased demand for crypto ETFs, evidenced by Osprey's Dogecoin ETF raising $17 million on its first day.
Recent SEC rule changes have accelerated the ETF approval process, as seen with Grayscale's CoinDesk Crypto 5 ETF, which attracted $22 million in initial inflows.
- The faster timeline is prompting more asset managers to advance their ETF plans.
[Dogecoin](https://holder.io/coins/doge/) has risen from $0.26 to over $0.28, marking an 8% increase between September 15-18. Large-scale purchases by whales are driving market activity, creating optimism for further gains if the price holds above $0.28 during the ETF approval process.
