Key Takeaways Digital asset manager has launched an investment trust for the meme coin Dogecoin.Bitwise has also filed for the launch of a Dogecoin ETF with the SEC.Meme coins are having a moment with U.

The launch of the Dogecoin Trust, which charges investors a management fee of 2.5%, comes only weeks after President Trump — who (likely with an assist from Elon Musk) named one of his newly formed groups the Department of Government Efficiency (D.O.G.E.) — took office with the promise of promoting the crypto industry.

Grayscale Investments said on Friday it was launching an investment fund aimed at dogecoin, as the cryptocurrency asset manager looks to tap into the increasing momentum around alternatives to bitcoin.

Grayscale launches Dogecoin Trust, expanding crypto investment opportunities. DOGE evolves beyond a meme coin, offering accessibility, affordability, and fast transactions for global inclusion.

Grayscale has launched a Dogecoin Trust, marking a major shift in how this once-dismissed memecoin is perceived. According to CoinDesk,

Grayscale Investments launches Dogecoin Trust, marking a significant step towards institutionalizing the meme coin for mainstream investment access.

Grayscale launches Dogecoin Trust while Bitwise files for a DOGE ETF, signaling growing institutional interest in Dogecoin beyond its meme origins.

The launch of a Dogecoin Trust follows rising institutional demand for a DOGE exchange-traded fund (ETF). Asset managers including Bitwise, Rex and Osprey recently filed for Dogecoin ETFs with the Securities & Exchange Commission (SEC).

Grayscale Investments launched its newest crypto product today: the Grayscale Dogecoin Trust. It’s a major step for the token that started as a joke and ended up in Wall Street’s crosshairs. According to the company’s press release,