Big news is here—Grayscale’s Dogecoin Spot ETF (ticker GDOG) and Ripple Spot ETF (ticker GXRP) will begin trading on the NYSE Arca next Monday.

This has actually been brewing for quite a while. Previously, both funds were private placements, only accessible to institutions and high-net-worth clients. Now, upgraded to publicly traded spot products, ordinary US investors can buy in directly through traditional brokerage accounts, without the hassle of wallets, seed phrases, gas fees, and all those complicated steps.

The timing is pretty clever, too. Last Friday, NYSE Arca just approved them, and a few days before, another institution launched similar products. The whole altcoin ETF track is clearly picking up speed. Grayscale now holds investment products for over 40 crypto assets, and with DOGE and XRP newly added, they’re fueling the rapid growth of this market.

Simply put, once the regulatory channel opens up, the entry barrier for traditional capital drops. Institutions and retail investors who want crypto exposure but don’t want to deal with on-chain risks now have a safer option. As for whether this will drive the prices of DOGE and XRP themselves—the market will answer that.