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Grayscale Spot DOGE ETF launched today, and Bitwise's BWOW is expected to launch this Wednesday.
PANews, November 24 - Eric Balchunas, a senior ETF analyst at Bloomberg, posted on the X platform stating that the Grayscale Spot DOGE ETF ($GDOG) officially launched on November 24, becoming the first Spot ETF product based on DOGE in the United States, with a fee rate of 0.35%, but management fees will be waived for the first $1 billion or within 3 months. Bitwise's similar product $BWOW is expected to launch this Wednesday (November 26). Balchunas stated that 5 new Spot encryption ETFs will go live in the next 6 days, and the number may exceed 100 within the next 6 months.