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Grey releases Dogecoin ETF application

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2025-01-31 13:52:00
Grey release submitted an application for the Dogecoin exchange-traded fund Grayscale Dogecoin Trust, which is reported to be a closed-end fund. Rayhaneh Sharif-Askary, head of product and research at Grayscale, said that Dogecoin represents a paradigm shift in global financial accessibility. Low transaction costs and fast transfer speeds make it the best tool for international remittances, especially in regions with underdeveloped banking infrastructure.
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