Grayscale Introduces Dogecoin Trust for Accredited Investors

Grayscale介绍了认可的投资者Dogecoin Trust

Grayscale Investments has launched Grayscale Dogecoin Trust, a novel product enabling institutional investors to participate in the Dogecoin (DOGE) market without directly purchasing the cryptocurrency.**

Grayscale Investments已推出了Grayscale Dogecoin Trust，这是一种新颖的产品，使机构投资者能够参与Dogecoin（Doge）市场，而无需直接购买加密货币。** **

Rayhaneh Sharif-Askary, Grayscale's Head of Product & Research, highlights the potential of Dogecoin as a tool for enhancing financial accessibility. She emphasizes its speed and low transaction costs as benefits for individuals without access to conventional banking systems.

Grayscale产品与研究负责人Rayhaneh Sharif-Askary强调了Dogecoin作为增强财务可及性的工具的潜力。她强调了其速度和低交易成本是对个人的收益，而无需进入常规银行系统。

The Grayscale Dogecoin Trust is a closed-end fund exclusive to accredited investors, who meet specific net worth criteria. This fund is fully invested in Dogecoin, providing investors with exposure to its growth without requiring direct coin purchases.

Grayscale Dogecoin Trust是认可的投资者独有的封闭式基金，他们符合特定的净资产标准。该基金已全额投资于Dogecoin，为投资者提供了其增长，而无需直接购买硬币。

Financial Inclusion and Dogecoin

财务包容和狗狗

Grayscale envisions the trust as a means to realize Bitcoin's original goals of financial inclusion. According to the firm, Dogecoin's attributes make it an ideal candidate for facilitating financial inclusion in regions with limited access to traditional banking.

格雷斯卡（Grayscale）将信托设想为实现比特币最初的金融包容性目标的一种手段。根据该公司的说法，Dogecoin的属性使其成为促进在传统银行业务有限的地区促进金融包容性的理想候选人。

Speculative and Illiquid

投机性和流动性

Grayscale acknowledges the speculative nature of this product, emphasizing that the value of shares may fluctuate relative to the underlying Dogecoin holdings. The firm also cautions that the trust's shares are illiquid, limiting investors' ability to access their funds quickly.

Grayscale承认该产品的投机性质，强调股票的价值可能相对于基础的Dogecoin Holdings波动。该公司还警告信托基金的股票不流动，限制了投资者快速获得其资金的能力。

Potential ETF Conversion

潜在的ETF转换

The firm intends to convert the Dogecoin Trust into an ETF in the future, contingent upon the SEC's favorable stance towards cryptocurrency products.

该公司打算将来将Dogecoin Trust转换为ETF，取决于SEC对加密货币产品的有利立场。

Market Competition

市场竞争

The launch of this trust follows the recent establishment of the Department of Government Efficiency (DOGE) under the Trump presidency. Other fund managers have also entered the Dogecoin investment space, including Bitwise, which filed an application for a Dogecoin ETF.

在特朗普总统任期下，该信托基金的启动是在最近成立政府效率部（DOGE）的情况下。其他基金经理也进入了Dogecoin投资领域，其中包括Bitwise，该领域提交了Dogecoin ETF的申请。

Accessibility

可访问性

Grayscale anticipates expanding the availability of the Dogecoin Trust to a wider audience in the future, subject to favorable market conditions.

Grayscale预计将来会将Dogecoin Trust的可用性扩大到更广泛的受众群体，但要遵守有利的市场条件。