Grayscale’s spot DOGE ETF sees slow start with $1.41M in first day volume

The Solana price has been experiencing a significant decline since October, largely attributed to the actions of the meme coin launchpad Pump.fun, which has reportedly sold over $436 million in SOL. This cash-out has raised concerns about the stability of the Solana ecosystem as it coincides with a broader downturn in the cryptocurrency market.

The launch of the first Dogecoin ETF by Grayscale on November 24, 2025, has sparked speculation about a potential Shiba Inu ETF, given that Shiba Inu is the second-largest meme coin by market capitalization. This development highlights the growing interest in meme-based cryptocurrencies and their acceptance in mainstream finance.

DOGE experienced a 5% increase following the debut of new exchange-traded funds (ETFs), marking the first clear reversal signal in weeks for the cryptocurrency. This uptick comes as the market anticipates the launch of Grayscale's DOGE ETF, which is expected to further influence trading dynamics.

Grayscale has launched new exchange-traded funds (ETFs) for Dogecoin and XRP on NYSE Arca, marking a significant expansion of its cryptocurrency investment products. This launch comes at a time of increasing interest in altcoins beyond Bitcoin and Ethereum, reflecting a growing acceptance of diverse digital assets in the market.

XRP's market momentum surged this week as it reached a key bullish target identified by a prominent trader, reinforcing confidence within the cryptocurrency community. The asset's price trends indicate a potential recovery phase, coinciding with institutional inflows and multiple ETF launches.

Dogecoin has gained momentum as Grayscale's Dogecoin ETF debuted on the New York Stock Exchange, marking a significant milestone for the cryptocurrency. The ETF launch is expected to enhance Dogecoin's visibility and accessibility to a broader range of investors.

XRP experienced an 8% increase as Franklin Templeton and Grayscale launched their exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE), marking a significant moment in the cryptocurrency market. This development is part of a broader trend where institutional interest in digital assets is growing, with multiple firms entering the ETF space.

The launch of XRP exchange-traded funds (ETFs) by Franklin Templeton and Grayscale on NYSE Arca marks a significant milestone in the cryptocurrency market, reflecting a growing acceptance of digital assets among mainstream investors. Trading for these ETFs commenced on November 24, 2025, following prior approvals from the NYSE, indicating a robust interest in cryptocurrency-linked financial products.