- Grayscale’s Dogecoin and XRP ETFs will be listed on the New York Stock Exchange starting today, although prices are falling.
- Franklin Templeton launches Dogecoin ETF push, Bitwise already launched.
Grayscale Investments is launching two new ETFs this Monday New York Stock Exchange Arca on. The previous investment products Grayscale Dogecoin Trust (GDOG) and Grayscale XRP Trust (GXRP) will be converted into publicly tradable funds.
The New York Stock Exchange Arca stated:
“NYSE Arca confirms its consent to the listing and registration of the Grayscale XRP Trust ETF Shares, a series of the Grayscale XRP Trust ETF, under the Exchange Act of 1934.”
Both products are seeing significant interest after Bloomberg analyst Eric Balchunas posted on X that GDOG and GXRP funds would begin trading simultaneously. He also mentioned that a Chainlink ETF could follow next 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
Upside down world? ETF launches amid price declines
Both GXRP and GDOG are designed as spot products that hold their respective cryptocurrencies directly, rather than as futures contracts. Grayscale’s portfolio now includes more than 40 crypto investment options.
Franklin Templeton is also getting involved in the ETF space with the launch of a Dogecoin ETF that could come next week. Bitwise had already activated its XRP ETF at the beginning of last week, which increased pressure on Grayscale to catch up or be left behind.
Meanwhile, DOGE price is at $0.13, down 1.92% in the last 24 hours. It is near the lower limit of its established range between $0.14 and $0.29.
Analysts suggest that buying interest could return at these levels. To signal bullish momentum, DOGE would need to climb above the 20-day EMA at $0.16. If successful, the price could test resistance at the 50-day SMA and potentially reach $0.21.
On the downside, if DOGE fails to hold $0.14, a further decline towards the $0.10 level last seen on October 10 could occur.
XRP fell 1.33% over the weekend and is now trading at $1.90. The token recently slipped below a key support level of its descending channel pattern. A daily close below this line could push the token to $1.61. That would bring with it the risk of forfeiture down to $1.
Resistance also remains between the 50-day simple moving average at $2.45 and the descending trend line. A rise above this zone would be needed to change market sentiment.
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