New ETFs Tracking XRP and Dogecoin Expected to Launch Soon

Upcoming exchange-traded fund (ETF) launches are expected to bring cryptocurrencies XRP and Dogecoin to the mainstream market. Bloomberg analyst James Seyffart predicts that Bitwise’s XRP ETF, trading under the ticker XRP, will debut on Thursday. Similarly, Grayscale’s XRP fund and its Dogecoin ETF might follow suit as early as next Monday. These launches come after the success of several altcoin funds like Canary Capital’s XRP fund (XRPC), which generated $58 million in net investments during its first day, exceeding Bitwise’s Solana ETF debut performance. Currently, the 11 Bitcoin ETFs listed in the U.S. manage over $130 billion in assets.