Grayscale Launches Dogecoin & XRP ETFs on NYSE, Signaling Institutional Expansion in Crypto

Asset manager Grayscale is launching new spot Exchange-Traded Funds (ETFs) for Dogecoin and XRP on the New York Stock Exchange (NYSE) on November 24. This significant expansion marks a major shift in the US crypto market beyond its early focus on Bitcoin and Ethereum products. The launch of Grayscale’s Dogecoin Trust ETF ($GDOG) and Grayscale’s XRP Trust ETF ($GXRP) will provide liquidity for existing investors while making access to institutional capital easier for new entrants. 💰