Grayscale’s Dogecoin and XRP ETFs Launch Monday: A Game-Changer for Crypto Investors

• What Did the NYSE Approve?
• Why These ETFs Matter
• Part of a Larger Altcoin ETF Wave
• Dogecoin ETF: Grayscale Joins an Elite Club
• Monday’s Launch: Why It’s a Big Deal
• FAQ

Grayscale is set to launch its highly anticipated dogecoin and XRP ETFs on Monday, November 24, 2025, marking a significant milestone for the crypto market. These ETFs, converted from existing private placement products, will provide retail and institutional investors with regulated, exchange-traded access to two of the most popular altcoins. This move signals a broader shift toward diversified crypto ETFs beyond Bitcoin and Ethereum, deepening liquidity and attracting traditional capital. Here’s everything you need to know.

What Did the NYSE Approve?

NYSE Arca has certified the listing and registration of Grayscale’s XRP Trust ETF and Dogecoin Trust ETF shares, the final administrative step before these products can debut on the open market. These aren’t entirely new funds but conversions of Grayscale’s existing private placement offerings, now accessible to a wider audience.

Why These ETFs Matter

Dogecoin has evolved from a meme to a top-tier asset with a $10B+ market cap (per CoinMarketCap), while XRP remains a liquidity powerhouse. Grayscale’s inclusion of both coins expands its ETF lineup—already featuring Bitcoin, Ethereum, and Solana—and signals a shift toward multi-asset crypto exposure in the U.S.

Part of a Larger Altcoin ETF Wave

These approvals follow a surge in altcoin-based ETFs, including Litecoin, HBAR, and SOL products. Many launched during the SEC’s regulatory pause, leveraging September 2025’s streamlined listing standards. Grayscale’s MOVE accelerates this trend, offering investors more diversified options.

Dogecoin ETF: Grayscale Joins an Elite Club

Grayscale’s DOGE ETF is only the second of its kind in the U.S., trailing REX Shares’ September launch. Unlike REX’s actively managed structure, Grayscale’s follows the traditional ETF model—potentially boosting mainstream adoption through its established brand.

Monday’s Launch: Why It’s a Big Deal

New ETFs mean deeper liquidity, better price discovery, and easier institutional access. For Doge and XRP—coins with massive communities—this opens floodgates to fresh capital. It’s not just about two new products; it’s proof that altcoin ETFs are becoming a legitimate asset class.

FAQ

When do Grayscale’s Dogecoin and XRP ETFs launch?

Both ETFs debut on Monday, November 24, 2025, on NYSE Arca.

How do these ETFs differ from Grayscale’s existing products?

They’re conversions of private placements into regulated ETFs, making them accessible to retail investors.

What’s the significance for the crypto market?

They signal growing SEC acceptance of altcoin ETFs and could attract billions in institutional capital.