Dogecoin Trades Higher Tuesday Morning As Grayscale DOGE ETF Debuts On Wall Street

Benzinga

Dogecoin climbed after Grayscale launched the first U.S. spot DOGE ETF, though early trading volume for the fund was modest. DOGE gained over 2% with futures open interest also rising, and analysts pointed to a falling-wedge setup that may hint at bullish momentum. The Grayscale Dogecoin Trust ETF debuted on NYSE Arca at $18.09.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Dogecoin rose early Tuesday after Grayscale launched the first U.S. spot Dogecoin ETF,

00:07according to Benzinga. Doge gained 2.17% in 24 hours, with trading volume up 5.05% to $1.56

00:14billion. Open interest in Doge futures rose 0.96%. Analysts noted a falling wedge pattern

00:20that could signal a potential bullish reversal. Grayscale Dogecoin Trust ETF began trading on

00:25NYSE ARCA and closed at $18.09. The response was muted with $1.4 million traded on the first day.

00:33For all things money, visit Benzinga.com.

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