Grayscale’s new Dogecoin ETF falls short of expectations, trading volume sluggish!

Jakarta, Pintu News – Grayscale’s newly launched Dogecoin ETF on NYSE Arca recorded a first-day trading volume of $1.4 million, a figure lower than analysts’ predictions and smaller than other recent crypto ETF launches.

Launch Details and Initial Performance

Grayscale has announced that their Dogecoin ETF, which started trading with around 94,700 shares outstanding, had a less encouraging start compared to other recently launched crypto ETFs.

The ETF offers a management fee of 0.35 percent, but the fee has been temporarily waived until the ETF reaches a certain asset threshold or for the first three months, whichever comes first.

This low trading volume surprised many market observers, given the popularity that usually accompanies Dogecoin (DOGE) based products. Market analysts are now monitoring creation and redemption activity and order book data to assess the true demand for the product.

Also read: JPMorgan Launches Innovative Bitcoin-Based Financial Products, What Are the Details?

Comparison with Other Crypto ETFs

In comparison to other recently launched crypto ETFs, such as those based on Ripple (XRP) and Solana (SOL), the Dogecoin Grayscale ETF seems to have attracted less investor interest. Those XRP and SOL-based ETFs managed to attract larger fund flows at the time of their launch.

This lack of interest may be due to several factors, including competition in the upcoming Dogecoin ETF product and changing market dynamics. Market observers suggest that the next few weeks will be crucial to determining the future direction of this ETF.

Read also: Big Banks Enter Bitcoin Products, Strategy’s Business Model at Risk?

Future Prospects and Challenges

The Dogecoin spot market showed limited price movement following the ETF listing, indicating that the launch has not yet had a significant impact on the Dogecoin price. However, this could change quickly with the introduction of similar products in the future and potential changes in fund flows.

Market observers also highlighted that the decision to remove the management fee will probably help in gathering further assets, although this remains a big question mark. The long-term success of this ETF is likely to be influenced by these factors as well as by the marketing strategy and adaptations made by Grayscale.

Conclusion

Although the launch of the Dogecoin Grayscale ETF did not meet initial expectations, it is too early to judge the long-term success of this product. Factors such as fee policies, Dogecoin price movements, and market competition will determine the position of this ETF in the digital finance market.

FAQ

What was the first day trading volume of Dogecoin Grayscale ETF?

The Dogecoin Grayscale ETF’s first day trading volume was $1.4 million.

What is the management fee for Dogecoin Grayscale ETF?

The Dogecoin Grayscale ETF’s management fee is 0.35 percent, but this fee has been temporarily waived.

How does the trading volume of the Dogecoin ETF compare to other recently launched crypto ETFs?

The trading volume of the Dogecoin ETF is lower compared to ETFs based on Ripple (XRP) and Solana (SOL).

What will influence the future success of the Dogecoin Grayscale ETF?

Factors such as fee policy, Dogecoin price movements, and market competition will greatly affect the success of this ETF.

Was there a significant change in the Dogecoin price after the ETF launch?

No, the Dogecoin spot market showed limited price movement after the ETF launch.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto News. Grayscale Dogecoin ETF Launch Sees Lower Volume Than Analysts Projected. Accessed on November 28, 2025
• Featured Image: U Today