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Grayscale Dogecoin and XRP ETFs Approved by NYSE Arca

Published 24 November 2025

The New York Stock Exchange's NYSE Arca subsidiary has approved Grayscale Investments' spot exchange-traded funds for Dogecoin and XRP, paving the way for both products to begin trading on Monday, November 24, 2025.

The approvals, certified in filings with the Securities and Exchange Commission on November 21, mark the final regulatory step for the Grayscale Dogecoin Trust ETF, under the ticker GDOG, and the Grayscale XRP Trust ETF, under the ticker GXRP. Both funds convert existing Grayscale trusts into ETFs that hold the underlying cryptocurrencies directly, allowing investors to gain exposure through regulated vehicles without managing the digital assets themselves. Each carries a management fee of 0.35 percent.

Bloomberg ETF analyst Eric Balchunas announced the developments on Sunday, noting that the Dogecoin ETF could see about 11 million dollars in trading volume on its debut day. He also indicated that Grayscale's Chainlink ETF, expected under the ticker GLNK, would likely launch within the following week.

The launches come amid a surge in cryptocurrency ETFs focused on alternative coins, or altcoins, following the end of a U.S. government shutdown and a relaxation of the...

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