🐶 DOGE: a trio of bullish signals has appeared

🚨 DOGE is about to become an ETF – Grayscale quietly brings memecoin into the mainstream

Grayscale has just submitted an S-1 filing to the SEC to convert the Grayscale Dogecoin Trust into a spot ETF with DOGE as the underlying asset, expected to be listed on NYSE Arca with ticker GDOG.

Coinbase Custody will custody DOGE, BNY Mellon will handle administration – the setup structure is similar to previous Bitcoin/Ethereum ETFs → this does not make the "meme ETF" seem trivial, but rather extremely systematic.

This move comes at the right time as Bitwise, Rex-Osprey... are also lining up to submit Dogecoin ETFs, creating a race to tap retail money from the US into the largest liquid memecoin in the market.

According to Polymarket, the probability of the SEC approving the DOGE ETF in 2025 has increased to ~75% → the market is strongly pricing in the success scenario of GDOG.