Overview
- NYSE Arca certified the listings on Nov. 21, with exchange notices indicating first trades on Nov. 24 under tickers GDOG and GXRP.
- Both funds convert long-running private trusts into spot exchange-traded products registered under the Securities Exchange Act of 1934.
- Pre-launch positioning has surged, with Dogecoin derivatives volume around $7.22 billion (+30%) and XRP near $12.74 billion (+51%), according to CoinGlass data.
- The launches expand Grayscale’s lineup to more than 40 crypto investment products and arrive alongside a broader wave of altcoin ETFs, including Bitwise’s XRP fund earlier this week.
- GDOG becomes the second U.S. Dogecoin ETF after REX‑Osprey’s 1940 Act product, with additional offerings reported in the pipeline such as a planned Dogecoin fund from Franklin Templeton.