Grayscale's new Dogecoin Trust has a management fee of 2.5%.

2025.02.01 11:08:20

On February 1st, based on Grayscale's official data, its newly established Grayscale Dogecoin Trust has a management fee of 2.5% and will utilize the CoinDesk Dogecoin Price Index to offer a US dollar-denominated reference exchange rate. Moreover, as of January 31st, the Grayscale Dogecoin Trust has achieved an asset management scale of $196,326.37, with a net asset value per share of $9.77. BlockBeats reported yesterday that Grayscale has launched a new Dogecoin Trust Fund. Grayscale holds the view that DOGE is no longer merely a meme coin but has turned into a tool for global financial inclusion. After Trump's election victory, many fund managers had previously submitted applications for a DOGE ETF.

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