Grayscale, one of the largest digital asset managers in the world, has officially filed an amended S-1 with the U.S. Securities and Exchange Commission (SEC) for a Dogecoin ($DOGE ) Exchange-Traded Fund (ETF). This updated filing signals that Grayscale is serious about bringing the world’s most popular meme coin into the regulated financial markets.
If approved, the Dogecoin ETF would allow both retail and institutional investors to gain direct exposure to DOGE through traditional brokerage accounts, without the need to buy and store the cryptocurrency themselves. This could open the doors for billions in potential inflows, similar to the success seen with Bitcoin and Ethereum ETFs earlier this year.
The timing of this filing is also important. Institutional interest in crypto has been steadily rising, and Dogecoin—despite its meme origins—has built a strong community, high liquidity, and wide adoption across exchanges and payment platforms. Grayscale’s move reflects a growing recognition that DOGE is no longer just an internet joke but a digital asset with staying power.
This development could mark the start of a new chapter for Dogecoin, as it transitions from a meme-driven coin to a fully recognized asset in mainstream finance. All eyes are now on the SEC’s response, which will decide if DOGE can follow Bitcoin and Ethereum into the ETF spotlight.