PANews reported on November 24th that Eric Balchunas, a senior ETF analyst at Bloomberg, stated on the X platform that Grayscale's spot Dogecoin ETF ($GDOG) officially launched on November 24th, becoming the first spot ETF product in the US based on DOGE. The expense ratio is 0.35%, but management fees are waived for the first $1 billion or for the first three months. Bitwise's similar product, $BWOW, is expected to launch this Wednesday (November 26th). Balchunas stated that five new spot crypto ETFs will be launched in the next six days, and the number may exceed one hundred within the next six months.
Grayscale's Dogecoin ETF launched today, and Bitwise's BWOW is expected to launch this Wednesday.
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