Grayscale has added Anchorage Digital Bank as a second custodian for its Dogecoin trust, alongside Coinbase Custody, to reduce risk by splitting custody of the fund's DOGE holdings. This change coincides with the fund enabling in-kind creations, allowing DOGE to be exchanged directly rather than through cash, which increases custody demands. Meanwhile, Bitwise announced it will close its Dogecoin fund on October 14, 2026, due to low demand. The move by Grayscale reflects a maturing market infrastructure, improving security for investors, while Bitwise's closure highlights challenges in sustaining Dogecoin investment products. Investors should consider custody arrangements, fees, and tax implications when choosing how to hold DOGE.
The story about Dogecoin custody is presented with a snapshot of the broader cryptocurrency market on Pluang. As of Oct 12, 2026 22:21 WIB, 16 out of 50 major cryptocurrencies rose while 33 fell. Notable movers include COMP at Rp428.195 with a 1-day change of -4.14% and a typical hold time of 98 days, EGLD at Rp67.352 with a 1-day change of -3.89%, and AXS at Rp21.416 with a 1-day change of -3.87%.
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