Grayscale’s Dogecoin and XRP ETFs to Begin Trading on NYSE Arca
Grayscale’s GDOG spot Dogecoin ETF launched on NYSE as the first U.S. DOGE single-token ETF, recording $1.41M in first-day trading volume and no net inflows.
XRP
DOGE
Fact Check
The evidence strongly supports the truthfulness of the statement. There is a high degree of consistency across multiple sources, including several with high authority. The most credible source directly quotes the NYSE Arca's certification of approval for listing, which is primary-level evidence. Another high-authority source corroborates this by referencing the official Federal Register filing for the proposed rule change. While one source provides a conflicting future date (November 24, 2025), its authority is significantly lower than the others, and the information is likely erroneous. The core claim—that Grayscale's Dogecoin and XRP ETFs are approved and scheduled for trading on the NYSE Arca—is consistently affirmed by the most reliable sources provided.
Summary
Grayscale debuted its GDOG spot Dogecoin ETF on November 24, marking the first U.S. DOGE single-token ETF listed on NYSE. The launch recorded $1.41 million in trading volume and $1.71 million in net assets on its first day, with no net inflows reported. The ETF has a 0.19% management fee and offers only cash creation and redemption. This release forms part of a wider rollout of crypto ETFs, which includes upcoming DOGE and XRP offerings from Bitwise and Grayscale.
Terms & Concepts
- Spot ETF: An exchange-traded fund that directly holds the underlying asset rather than derivatives, providing investors exposure to its current market price.
- Dogecoin (DOGE): A cryptocurrency initially created as a meme token that has become widely traded with significant market volume.