Grayscale DOGE and XRP ETFs Cleared for NYSE Debut Monday
The New York Stock Exchange has approved Grayscale’s Dogecoin (DOGE) and XRP exchange-traded funds to begin trading Monday, marking a notable step toward broader institutional access for these altcoins. Brokers are expected to list and quote the new products at market open, which could increase liquidity and make exposure to DOGE and XRP easier for retail and institutional investors through traditional brokerage accounts.
Market watchers are also eyeing a Grayscale Chainlink (LINK) ETF anticipated to launch next week, which would extend the trend into oracle tokens. The approvals may tighten the link between spot crypto markets and regulated investment vehicles, with potential impacts on price discovery and trading volumes; early trading and tracking error will be key metrics for investors evaluating these new ETFs.