Grayscale Dogecoin Trust ETF

Grayscale, a leading digital asset investment platform, announced the appointment of Sebastian Pulido as Managing Director, Head of Onchain Asset Management. In this newly created role, Pulido will lead the development of onchain investment solutions, leveraging his extensive experience in traditional finance and decentralized finance. This strategic hire underscores Grayscale's commitment to innovation, following a successful first half of 2026 where its Bitcoin Mini Trust ETF led inflows and new products like the Hyperliquid Staking ETF quickly achieved significant assets under management.

Grayscale Investments Sponsors, LLC announced that Edward McGee has stepped down from his roles as Chief Financial Officer, Principal Financial and Accounting Officer, and member of the Board of Managers, effective July 2, 2026. His departure is for personal reasons and not due to any disagreement with the company. Kathryn Masci and Daniel Plourde have been appointed Co-Chief Financial Officers on an interim basis, effective the same day. Additionally, Ms. Masci will serve as Principal Financial and Accounting Officer of the registrant and join the Board of Managers.

Grayscale Dogecoin Trust ETF reported a net decrease in net assets from operations of $2.421 million for the three months ended March 31, 2026, with a total return of -21.31%. Despite this, total net assets increased to $6.759 million due to $5.265 million in new share issuances. The Principal Market NAV per Share decreased to $10.82 from $13.75 at the beginning of the period. The Sponsor's Fee was reduced to 0.35% effective November 24, 2025, with a waiver period ending February 25, 2026.

Grayscale Investments announced updated Fund Component weightings for its Decentralized Finance (DeFi) Fund (DEFG) and Smart Contract Fund (GSC Fund) following their first quarter 2026 reviews. The DEFG Fund adjusted its portfolio by selling Aerodrome Finance (AERO) and other components to purchase Ethena (ENA), resulting in new weightings for assets like Uniswap, Aave, and Ondo. The GSC Fund also rebalanced its portfolio by adjusting existing components, with Ether, Solana, and Cardano holding the largest weightings. Both funds regularly distribute components to pay for ongoing expenses, which gradually decreases the amount of Fund Components represented by shares.