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Grayscale’s DOGE and XRP ETFs Geared to Go Live on NYSE on 24 November

The New York Stock Exchange has certified the listing and registration for the Grayscale Dogecoin Trust ETF Shares and Grayscale XRP Trust Shares ETF. Both funds will begin trading on NYSE Arca on Monday

Grayscale’s two offerings represent conversions from private placement trusts into publicly traded exchange-traded funds.

Grayscale Adds to Its ETF Roster

Grayscale, the world’s largest digital-asset focused investment platform, is expanding its lineup of exchange-traded funds (ETFs). On Friday, the platform received word that NYSE Arca, a subsidiary of the NYSE Group, had certified the listings for its spot XRP and DOGE spot ETFs. With this approval, the Grayscale XRP Trust ETF Shares and the Grayscale Dogecoin ETF Shares are cleared to begin public trading

Both ETFs will go live on NYSE Arca on Monday, 24 November 2025, and will trade under the tickers $GDOG and $GXRP, respectively

The announcement, published on an SEC page, reads:

“The NYSE Arca certifies its approval for listing and registration of the Grayscale XRP Trust ETF Shares, a series of Grayscale XRP Trust ETF, under the Exchange Act of 1934.”

Grayscale’s latest crypto ETFs offer U.S investors easy access to DOGE and XRP, adding to the company’s growing suite of products that track Bitcoin (BTC), Solana (SOL), Dogecoin (DOGE), and Ethereum (ETH).

Both listings are direct conversions from Grayscale’s existing private-placement trusts into publicly traded products

Bloomberg senior ETF analyst Eric Balchunas, shared the screenshot of $GDOG’s approval on X and confirmed $GXRP’s approval in the same post. He also hinted that $GLINK, Grayscale’s Chainlink (LINK) ETF, may launch the following week

Grayscale Dogecoin ETF $GDOG approved for listing on NYSE, scheduled to begin trading Monday. Their XRP spot is also launching on Monday. $GLNK coming soon as well, week after I think pic.twitter.com/c6nKUeDrtI

— Eric Balchunas (@EricBalchunas) November 21, 2025

Spot ETF Approvals Surge in the U.S.

Since the SEC approved the first U.S. spot Bitcoin (BTC) ETFs in January 2024, the number of spot ETFs has surged. Spot crypto ETFs exchange-traded products (ETPs) that mirror the real-time price of an underlying digital asset. They acquire cryptocurrencies from authorised crypto exchanges or other holders and secure them in digital wallets - often cold, offline storage to reduce hacking risks. ETFs then issue shares that correspond to the number of tokens they hold and sell shares on traditional stock exchanges, prices reflecting the prevailing market price of the underlying crypto

Spot crypto ETFs appeal to retail investors who want exposure to cryptocurrency price movements without the risks and complexities of directly purchasing and safeguarding digital assets. Instead of using crypto exchanges and managing private keys, investors can buy ETF shares through traditional brokerages and gain regulated exposure to the asset

Spot ETFs have significantly boosted mainstream crypto adoption by offering convenience, regulatory oversight, market accessibility and potential tax benefits.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

DOGE4.57%
XRP6.68%
BTC1.56%
SOL3.99%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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