Grayscale’s DOGE and XRP ETFs Set to Launch on NYSE Arca Monday

Grayscale is set to debut two new crypto exchange-traded funds (ETFs) on NYSE Arca this Monday, giving U.S. investors regulated, straightforward access to Dogecoin (DOGE) and XRP for the first time through public markets.

The Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) are structured as spot exchange-traded products (ETPs), holding the underlying cryptocurrencies directly. Dogecoin, which began as a novelty coin, has emerged as one of the most heavily traded digital assets by volume.

The launch of GXRP coincides with the XRP Ledger (XRPL) approaching its 14th anniversary. Designed for cross-border payments, the XRPL has processed over four billion transactions since its creation.

Before their NYSE Arca debut, both GDOG and GXRP were available only as private placements. Their public listing expands Grayscale’s portfolio of crypto investment products, which now includes over 40 offerings.

Grayscale’s move comes amid a broader surge in altcoin-focused ETFs. Franklin Templeton is preparing to launch its own 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 rising institutional interest in non-Bitcoin cryptocurrencies.