Grayscale will launch new exchange-traded funds tied to Dogecoin and XRP on Nov. 24, listing them on the NYSE. The Grayscale Dogecoin Trust ETF and Grayscale XRP Trust ETF will be spot ETPs. This move is a liquidity event for current investors, with GXRP entering a market that already has XRP spot products. GDOG will be one of the first Dogecoin ETFs for US investors, tapping into its popularity and potential demand. These ETFs broaden the mix of crypto options in the US market and reflect changing regulatory conditions under SEC Chairman Paul Atkins.
Read more at Yahoo Finance: Grayscale’s Dogecoin and XRP ETFs Set for NYSE Debut on November 24
