The launch of the Dogecoin Trust, which charges investors a management fee of 2.5%, comes only weeks after President Trump — who (likely with an assist from Elon Musk) named one of his newly formed groups the Department of Government Efficiency (D.O.G.E.) — took office with the promise of promoting the crypto industry.

Key Takeaways Digital asset manager has launched an investment trust for the meme coin Dogecoin.Bitwise has also filed for the launch of a Dogecoin ETF with the SEC.Meme coins are having a moment with U.