Here are the 10-K annual reports from Grayscale Dogecoin Trust ETF (GDOG) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow GDOG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GDOG filings page.
Grayscale Dogecoin Trust ETF is a Delaware statutory trust that passively holds Dogecoin (DOGE) so its share value tracks DOGE prices, less expenses. As of December 31, 2025, it held about 0.02% of DOGE in circulation and had 624,700 shares outstanding on March 6, 2026.
The shares trade on NYSE Arca under the symbol GDOG in 10,000-share baskets created and redeemed via cash orders. Each share represented approximately 117.5835 DOGE at year-end 2025, and secondary market prices have shown modest premiums and discounts to NAV within a roughly -1.10% to +0.20% range since uplisting.
The Trust uses the CoinDesk Dogecoin Benchmark Rate to calculate non-GAAP NAV, while U.S. GAAP fair value relies on a principal market price at 4:00 p.m. New York time. DOGE spot prices come from a curated set of trading platforms, with volume-weighted and outlier-filtered index calculations aimed at limiting the impact of manipulation.
The filing highlights extensive risk factors: extreme DOGE price volatility, forks, concentrated ownership, reliance on third-party providers such as Coinbase Custody, potential disruptions to creation/redemption, and evolving U.S. and foreign regulation that could affect DOGE’s status or the Trust’s ability to operate.