XRP and DOGE ETFs SHOCK WALL STREET.
Grayscale brought #xrp and #Dogecoin directly to Wall Street with two #etf spot listed on NYSE Arca: GXRP and GDOG.
🪙 This marks a new phase for altcoins:
They stop being a crypto niche to become assets accessible from any traditional broker.
The ETFs hold real XRP and DOGE, not derivatives.
👉 This eliminates friction for the average investor: no exchanges, no wallets, no technical complications.
Additionally, they start with a promotional fee of 0% and then move to 0.35%, a clear move to capture quick institutional flow.
✋️The debut, however, did not come with fireworks.
💥 There was an explosion of volume, especially in derivatives, but $XRP dropped from $2.13 to $2.08, showing that entering the stock market does not guarantee immediate pumps.
This is infrastructure, not euphoria.
Risk also increases:
More institutionalization implies more volatility due to the entry and exit of funds, greater sensitivity to macro news, and more dependence on the appetite of large players.
⚡️Still, the message is clear:
The #altcoins start to play in bigger leagues.
GXRP and GDOG seem to be the first serious warning that the market no longer revolves solely around Bitcoin and Ethereum.
