Monat: November 2025

• Grayscale has listed its Dogecoin spot ETF in the United States.
• GDOG will trade on the NYSE Arca, and analysts expect $12 million in debut volume.
• The ETF, which tracks the leading memecoin, is one of many expected in the coming days.

Cryptocurrency asset manager Grayscale has launched the first spot Dogecoin exchange-traded fund in the United States.

The spot ETF, which began trading on the NYSE Arca under the ticker ‘GDOG’ on November 24, 2025, marks another milestone in the crypto market – particularly for memecoins.

GDOG marks the next step as more ETFs come to the US market, says senior ETF analyst Eric Balchunas.

Dogecoin spot ETF enters the US market

Grayscale’s Dogecoin spot ETF, GDOG, is live for investors, who can now buy shares of the product via their brokerage accounts.

Structured under the Securities Act of 1933, GDOG is a spot exchange-traded fund that directly holds physical Dogecoin tokens in secure custody rather than relying on derivatives or futures contracts.

Very wow, big excite

Grayscale Dogecoin Trust ETF (Ticker: $GDOG) is here and now available in your brokerage account.

Much $DOGE exposure, such history pic.twitter.com/sAtPXUyzgn

— Grayscale (@Grayscale) November 24, 2025

GDOG will closely track the real-time market price of DOGE.

This means investors have transparent and efficient exposure to Dogecoin, without the complexities of direct cryptocurrency ownership, such as managing private keys or navigating exchange risks.

As it looks to attract early inflows, Grayscale has implemented an aggressive fee structure. The sponsor fee is set at 0.35% annually.

However, it will be fully waived to 0% for the first three months or until the fund reaches $1 billion in assets under management, whichever comes first.

Grayscale’s fee waiver will end on February 24, 2026.

Crypto enthusiasts and analysts predict potential for GDOG to attract both retail and institutional players eyeing the top memecoin.

According to senior Bloomberg ETF analyst Eric Balchunas, the debut performance of GDOG could see a first-day volume of $12 million.

The first spot Dogecoin ETF* in US launches today from Grayscale, ticker $GDOG (sounds like a late ’80s one hit wonder rapper). Fee is 35bps but is waived to 0.00% for first 1b or until 3mo. Day One volume predictions welcome. I’m going with $12m. *33 Act pic.twitter.com/QbdLLxejhr

— Eric Balchunas (@EricBalchunas) November 24, 2025

DOGE price and more spot crypto ETFs

The US saw its first spot crypto ETFs launch in 2024, with Bitcoin and Ethereum.

Over the past few months, this offering has increased with the rollout of multiple funds.

Notably, the flurry is expected to accelerate following the SEC’s new listing standard, and could see more added to ETFs on Solana, Hedera, XRP and Litecoin.

Balchunas says GDOG will soon be followed by more, including nearly 100 over the next six months.

The launch comes as Dogecoin trades at $0.14 amid broader market turmoil.

Despite macroeconomic pressures and sector-wide sell-offs, DOGE price could see a bounce to $0.20 and higher in the coming days.

As well as the ETF buzz, other catalysts for DOGE could be a memecoin rally, treasury company purchases and broader altcoin market resilience.

The post Grayscale launches first Dogecoin spot ETF in US appeared first on CoinJournal.

• Ethereum price struggles below $3,000 with buyers defending $2,750–$2,800 support.
• Open interest rises as leveraged longs increase, raising volatility risk.
• Fusako upgrade sparks interest, but market remains cautious amid outflows.

Ethereum price remains under pressure after a week of sharp declines, institutional outflows, and renewed macro uncertainty.

The cryptocurrency has attempted several intraday rebounds, but none have been strong enough to shift the broader downtrend.

As investors assess shifting liquidity conditions and await the upcoming Fusako upgrade, the key question is whether Ethereum (ETH) is preparing for a relief rally or bracing for another leg lower.

Selling pressure meets fragile support

Ethereum has fallen nearly 12% over the past seven days, extending a multi-month decline and keeping price action locked inside a steep descending channel that has guided every move since early autumn.

The latest rebound from the $2,525 liquidity pocket lifted sentiment briefly, yet the overall structure remains heavy as sellers continue to defend each approach toward the channel’s upper boundary near $3,050 to $3,120.

Momentum indicators highlight this tension, with the daily RSI hovering near oversold territory, signalling exhaustion but not a confirmed reversal.

Earlier rebounds at similar RSI levels failed to build strength, giving sellers repeated opportunities to push Ethereum lower.

ETH also trades beneath the 20-day, 50-day, and 200-day EMAs, which have compressed tightly above price and formed a broad resistance zone.

This overhead pressure has pinned Ethereum below the $2,947 to $3,000 region, which remains the market’s first and most critical barrier.

A decisive break above this area is needed to shift momentum, because without it, each recovery attempt risks fading as seen throughout November.

Ethereum price squeezes between key levels

The wider technical picture shows Ethereum caught between fragile support and heavily defended resistance levels.

The $2,750 to $2,800 band has served as a demand shelf throughout the year, and buyers are once again fighting to maintain it.

Losing this zone would open a path toward deeper support levels at $2,450, $2,300, and possibly $2,150.

A clean breakdown below $2,500 would expose thin liquidity and could drive ETH toward the broader accumulation range between $2,050 and $2,200.

A sustained move above $2,947 would clear the first obstacle and potentially spark a rally toward $3,132, where the 200-day EMA converges with heavy volume resistance.

A breakout above that level could extend recovery efforts toward $3,450 and ease pressure heading into December.

Derivatives data show traders increasing exposure during the recent bounce, with the Ethereum futures open interest climbing above $34 billion and signalling that market participants are adding positions rather than unwinding them.

Long-short ratios on major exchanges have leaned toward longs, suggesting optimism but also raising the risk of sharper volatility if resistance levels hold and leveraged buyers become trapped.

Institutional flows continue to weigh on sentiment, with ETH investment products seeing more than half a billion dollars in outflows last week, led by US spot ETFs.

The retreat highlights ongoing caution among large investors who remain sensitive to interest-rate expectations and regulatory developments.

Also, Ethereum’s correlation with equity markets remains elevated, leaving the cryptocurrency exposed to broader macro swings even as the upcoming Fusako upgrade draws interest but has yet to shift market mood.

The post Ethereum price forecast: oversold bounce or breakdown ahead? appeared first on CoinJournal.

• AVAX One’s treasury held over 13.8 million AVAX as of November 23, 2025.
• Buys signal further commitment by the company towards the long-term growth of Avalanche.
• Key sectors include decentralized finance and enterprise applications.

AVAX One, a treasury management firm specializing in blockchain assets, has added to its holdings of Avalanche’s native token.

The accumulation comes after the company’s rebranding and amid a broader market downturn.

However, it reflects the growing institutional interest in cryptocurrency for treasury asset portfolios.

Meanwhile, the price of Avalanche (AVAX) is showing resilience above $12 amid notable traction in the decentralized finance and enterprise applications market.

AVAX One adds to Avalanche treasury holdings

Digital asset treasuries remain a key ecosystem feature despite a slight dip in the hype around the various launches. Bitcoin, Ethereum, Solana, and XRP are among the top coins to attract billions of dollars in DAT moves.

AVAX One’s latest disclosure marks yet another pivotal expansion by a digital asset treasury company.

In a press release, AVAX One said it had added to its holdings of the asset.

Specifically, the company has elevated its AVAX holdings past the 13.8 million mark.

It acquired 9,377,475 AVAX between November 5 and November 23, 2025, for an average price of $11.73 per token. Total purchase was for around $110 million, and the buildup, executed through methodical acquisitions over recent weeks, positions the firm as one of the largest institutional custodians of Avalanche’s native cryptocurrency.

“Since launching our treasury strategy earlier this month, we have rapidly accumulated more than 13.8 million AVAX and completed our corporate rebrand — decisive steps that reflect our conviction in Avalanche’s high-speed, institutional-grade blockchain built for the future of finance,” said Jolie Kahn, chief executive officer of AVAX One. “We intend to remain highly opportunistic with our remaining cash position as we evaluate additional purchases of AVAX tokens and our own stock, both of which we believe represent compelling value at current levels.”

What’s the Avalanche price outlook?

Avalanche’s traction in real-world assets (RWA) and DeFi, amid initiatives such the  AVAX One’s balance sheet move, contributes to Avalanche’s ecosystem growth.

The boost to liquidity and continued adoption by treasury companies could help price.

The token’s price trajectory in 2025 includes a breakdown to lows of $15 in April and a surge to above $35 in September.

As of November 24, 2025, AVAX traded around $13.30, just in the green on the day but still down 12% over the past week. The bulls will target a breakout above $14 and $15 to strengthen short-term upside momentum.

AVAX ETFs, broader market conditions could prove critical for bulls.

Matt Zhang, chairman of the AVAX One board, noted that the current price could be a good time to buy.

“Avalanche is quickly emerging as one of the most foundational technologies shaping the future of global finance. With the current market volatility, we believe this is an opportune time to accumulate AVAX and accrete value for our shareholders.

The post AVAX One boosts Avalanche holdings to 13.8M tokens as institutions pile into crypto treasuries appeared first on CoinJournal.