The Grayscale Dogecoin Trust is a closed-end fund that tracks Dogecoin’s price, currently limited to accredited investors, with the potential for broader access

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The trust, which is designed to track dogecoin's market price, is now available for subscriptions to eligible individual and institutional accredited investors.
Asset manager Grayscale launched a Dogecoin Trust early Friday morning, offering institutional and accredited investors the opportunity to allocate to crypto’s original meme coin.
The Grayscale Dogecoin Trust is a closed-end fund that is only open to accredited investors, meaning people and institutions with a certain level of wealth. This fund is entirely invested in Dogecoin. So in short, the trust gives investors a way to be a part of Dogecoin’s growth without needing to buy the coin themselves.