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Launch of Grayscale funds #XRP and #DOGE trading tomorrow!
The Grayscale funds #GXRP and #GDOG have received approval from the NYSE Arca, and trading will commence on Monday!
These exchange-traded funds allow investors a direct opportunity to trade #Ripple and Dogecoin, adding to the growing array of investment options in alternative currencies.
Earlier this year, the Solana ETF (BSOL) managed by Bitwise attracted investment flows exceeding $400 million, indicating strong institutional interest in cryptocurrencies that are not tied to Bitcoin.
If the DOGE and XRP ETFs continue on the same path, we may witness significant investment flows into the field of exchange-traded altcoin funds.
$DOGE
$XRP