- Grayscale files S-1 for Dogecoin ETF with the SEC.
- DOGE price surges 6% post-filing announcement.
- SEC decision expected by January 2026.
Grayscale Investments filed a Form S-1 with the SEC for a spot Dogecoin ETF on August 17, 2025, involving partners like Coinbase and BNY Mellon.
The filing signifies increasing institutional interest and caused a Dogecoin price surge, reflecting potential future market dynamics pending SEC’s 240-day review process.
Grayscale Investments, a prominent asset management firm, has filed a Form S-1 registration with the SEC to launch the first-ever spot Dogecoin ETF. This marks a significant step in the institutional adoption of meme-based cryptocurrencies.
Grayscale, led by CEO Michael Sonnenshein, is spearheading this initiative. Key partners include Coinbase Custody Trust Company, acting as the custodian, and BNY Mellon as the administrator. The ETF will list on NYSE Arca, following SEC approval.
The filing announcement resulted in a DOGE price surge of up to 6%, peaking at $0.2314. The market capitalization of Dogecoin rose to approximately $34 billion, reflecting positive sentiment from investors and traders in the crypto market.
This ETF, structured as a Delaware Statutory Trust, represents fractional interests in physical Dogecoin holdings. The trust’s value will be aligned with the CoinDesk DOGE Reference Rate, ensuring a stable net asset value for investors. “Grayscale has officially filed a Form S-1 registration statement with the SEC for the first-ever spot Dogecoin ETF.”
There is a potential for broader impacts on related cryptocurrencies, such as Ether and Bitcoin, though specific data is lacking. Institutional interest from companies seeking similar offerings may intensify, particularly in the meme-coin segment.
Despite no direct statements from key opinion leaders or immediate community reactions, historical trends suggest increased capital inflows and volatility following similar ETF filings. The SEC’s 240-day review period will be crucial for market participants.
