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Dogecoin News Today: Traditional Financial Sector Welcomes Crypto with the Introduction of Grayscale's GDOG and GXRP ETFs

Dogecoin News Today: Traditional Financial Sector Welcomes Crypto with the Introduction of Grayscale's GDOG and GXRP ETFs

Bitget-RWA2025/11/24 12:02
By:Bitget-RWA

- Grayscale's GDOG and GXRP ETFs launched on NYSE Arca on November 24, 2025, marking crypto's mainstream financial integration. - The ETFs convert private trusts into tradable products, enabling institutional access to Dogecoin and XRP without digital wallets. - Derivatives volumes for DOGE and XRP surged pre-launch, while XRPC and SOL ETFs show growing demand for regulated crypto exposure. - Divergent regulatory approaches emerge: GDOG holds physical Dogecoin via Coinbase , contrasting derivative-based mo

Grayscale Investments'

(GDOG) and (GXRP) exchange-traded funds made their debut on NYSE Arca on November 24, 2025, signaling a significant step forward for the mainstream acceptance of digital assets. This rollout comes after extensive regulatory discussions and highlights a rising institutional appetite for alternative cryptocurrencies beyond and . These ETFs, which transition Grayscale’s private trusts into publicly listed securities, allow investors to gain exposure to Dogecoin and XRP through standard brokerage platforms, removing the necessity of handling digital wallets. , this launch coincides with broader shifts in the market.

, the Department of Government Efficiency (DOGE), a parody organization associated with Dogecoin, was shut down earlier this year following criticism regarding its transparency and oversight. This event highlights the changing environment for crypto initiatives, where regulatory certainty and institutional structures are increasingly valued over grassroots efforts.

Market experts expect strong trading volumes for these new ETFs.

that might see around $11 million in trading volume on its first day, referencing trends from other recently introduced crypto ETFs. Optimism is further supported by the success of XRP-related offerings, such as Canary Capital’s XRPC ETF, which under management at launch. Other firms like Franklin Templeton and WisdomTree are also preparing to introduce XRP ETFs, increasing competition in a rapidly expanding sector since the U.S. SEC streamlined its review process. , the industry is experiencing notable changes.

The introduction of these ETFs has already influenced market activity.

ahead of the listings, with Dogecoin derivatives jumping 30% to $7.22 billion and XRP derivatives increasing 51% to $12.74 billion. While spot ETFs do not ensure price appreciation, they broaden access by allowing brokers, pension funds, and other institutions to invest without directly holding the tokens. , this influx of liquidity could help stabilize the market, though the wider crypto industry still faces challenges, as evidenced by record outflows from Bitcoin and Ethereum ETFs in November. , the sector is contending with considerable obstacles.

Grayscale’s move into the

and XRP markets also highlights the differences in regulatory approaches. , REX-Osprey’s DOJE ETF, which is based on derivatives rather than holding actual Dogecoin, launched in September using a 1940 Act structure that did not require direct SEC approval. In contrast, Grayscale’s GDOG holds real Dogecoin through Coinbase Custody, following the traditional spot ETF model. the varied regulatory routes that are shaping the evolution of crypto ETFs.

The surge of ETF launches in November has made it one of the most active months in the history of U.S. crypto markets. Alongside GDOG and

, Grayscale’s Chainlink-focused ETF (GLNK) is scheduled to launch next week. , this rollout has attracted considerable attention. At the same time, (SOL) ETFs have continued to see steady inflows, even as the underlying token’s value dropped by 32.5%. , these trends indicate that investor interest in regulated crypto investment vehicles is outpacing price movements, driven by a demand for institutional-grade access.

Nonetheless, challenges persist.

, and , reflecting a broader move away from risk. Experts warn that ETF inflows alone may not be enough to support price increases, as market performance is influenced by ongoing liquidity and macroeconomic trends.

The introduction of GDOG and GXRP marks a significant advancement in the integration of cryptocurrencies with traditional finance. By offering regulated and accessible investment options, Grayscale and its peers are helping to bridge the divide between speculative digital assets and mainstream portfolios. As the industry evolves, the coming weeks will reveal whether this momentum can be sustained and lead to lasting investor confidence.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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