Grayscale Considers Dogecoin for Future Crypto Products
- If Grayscale introduces a DOGE-based product, it could attract institutional and retail investors, driving demand for Dogecoin.
- Despite the current pullback, DOGE has surged over 15% in the past week and 22% in the last 30 days.
Grayscale, a prominent crypto asset manager, has recently announced its plans to broaden its product offerings with Dogecoin (DOGE) investment vehicles. In a blog post, the company mentioned that Dogecoin, known for its popularity in the meme coin space, is currently under consideration as a possible asset for future products. Moreover, Dogecoin’s inclusion could potentially set a new precedent for the crypto ETF niche.
Grayscale Plans To Offer Dogecoin Investment Products
Grayscale already boasts a…