Grayscale’s DOGE and XRP ETFs to Begin Trading on NYSE Arca Monday
Grayscale is launching two new crypto exchange-traded funds (ETFs) on NYSE Arca this Monday, giving U.S. investors regulated access to Dogecoin (DOGE) and XRP through public markets for the first time.
The Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) are spot ETPs that hold their underlying cryptocurrencies directly. Dogecoin, initially seen as a novelty coin, has grown into one of the most actively traded digital assets.
The GXRP launch comes as the XRP Ledger (XRPL), designed for cross-border payments, approaches its 14th anniversary, having processed over four billion transactions since its inception.
Previously offered as private placements, GDOG and GXRP now join Grayscale’s growing suite of more than 40 crypto investment products.
The launches are part of a broader wave of altcoin ETFs. Franklin Templeton plans to debut its Dogecoin ETF next week, while Bitwise’s XRP ETF went live earlier this week. Bitwise’s Solana ETF (BSOL), launched earlier this year, has already drawn more than $400 million in inflows, signaling increasing institutional interest in non-Bitcoin cryptocurrencies.
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