Grayscale launches Dogecoin trust amid growing institutional interest

Grayscale has introduced a Dogecoin (DOGE) trust, aiming to provide institutional exposure to the memecoin, according to CoinDesk. The move comes amid a surge in crypto-friendly policies under the Trump administration and rising demand for DOGE-based investment products. With a $50 billion market cap, DOGE has tripled in price over the past year, fueled by increasing institutional interest.