NYSE approves Grayscale XRP and Dogecoin ETFs for listing; trading set for Monday
Summary
The NYSE Arca has certified the listing approval for the Grayscale XRP Trust ETF (GXRP) and the Grayscale Dogecoin Trust ETF (GDOG), according to certification letters dated November 21. Bloomberg ETF analyst Eric Balchunas confirmed that trading for both funds is scheduled to commence next Monday. Both new ETFs will feature a management fee of 0.35%. This move signifies Grayscale's expansion into offering products for these digital assets, following the successful conversion of its existing Bitcoin and Ethereum trusts into ETFs. Furthermore, Grayscale is preparing for its own public offering, having filed for an IPO to list its Class A shares on the NYSE.
(Source:Crypto Briefing)