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Grayscale's DOGE, XRP ETFs to Go Live on NYSE Monday

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Grayscale's DOGE, XRP ETFs to Go Live on NYSE Monday

Rival crypto asset manager Bitwise launched its XRP ETF earlier this week.

By Helene Braun, AI Boost|Edited by Nikhilesh De
Nov 21, 2025, 6:43 p.m.
Grayscale (CoinDesk)

What to know:

  • Grayscale’s Dogecoin (GDOG) and XRP (GXRP) ETFs will begin trading on NYSE Arca, offering spot exposure to each asset.
  • The launches follow rising demand for altcoin ETFs, with Bitwise and Franklin Templeton also expanding into DOGE, XRP and Solana products.

Grayscale’s two new crypto exchange-traded funds (ETFs) will go live on NYSE Arca on Monday, offering U.S. investors simplified access to DOGE$0.1400 and XRP for the first time through regulated public markets.

The Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) are each structured as spot ETPs that hold their respective underlying assets.

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Dogecoin, once viewed mainly as a joke cryptocurrency, has become one of the most actively traded digital assets by volume.

Meanwhile, the launch of GXRP comes as the XRP Ledger (XRPL), a blockchain tailored for cross-border payments, nears its fourteenth year. The ledger has processed over 4 billion transactions since its inception.

GXRP and GDOG were initially available as private placements before going public on NYSE Arca. Their debut adds to Grayscale’s growing suite of crypto-related investment products, which now span over 40 offerings.

Grayscale’s launches follow a wave of new altcoin ETFs. Franklin Templeton is expected to launch its own Dogecoin ETF next week, while Bitwise’s XRP ETF went live earlier this week. Bitwise’s Solana ETF (BSOL), which debuted earlier this year, has already attracted over $400 million in inflows, reflecting growing institutional interest in non-Bitcoin crypto assets.

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AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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