Bloomberg analysts: Grayscale Dogecoin ETF launches today, trading under the ticker symbol GDOG, with an estimated first-day trading volume of $12 million.

According to Odaily Planet Daily, Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on the X platform that the Grayscale Dogecoin ETF will be listed today with a fee of 35 basis points and the trading code GDOG. However, no fees will be charged until the ETF's assets reach $1 billion or three months before trading begins (whichever comes first). The expected trading volume on the first day is $12 million.