Grayscale Investments introduces the Dogecoin Trust with a 2.5% fee, fueling institutional interest. DOGE rebounds from a bear trap,

Grayscale Investments has announced the launch of a Dogecoin Trust fund to offer investors exposure to Dogecoin (DOGE), a cryptocurrency that has transitioned from its meme coin roots to a symbol of broader financial inclusion.

Grayscale has launched the Dogecoin Trust, offering investors exposure to DOGE. Despite the announcement, Dogecoin is down 3% in the past 24 hours, trading at $0.3255.

Grayscale Investments launched its newest crypto product today: the Grayscale Dogecoin Trust. It’s a major step for the token that started as a joke and ended up in Wall Street’s crosshairs. According to the company’s press release,