Key Takeaways
- Grayscale and Franklin Templeton launched spot XRP ETFs on NYSE Arca, expanding investor access to XRP.
- Grayscale also introduced the first US Dogecoin Trust ETF alongside zero management fees for initial investors.
Spot XRP exchange-traded funds from Grayscale Investments and Franklin Templeton made their debut on NYSE Arca today after these funds secured listing approval last week.
Grayscale also launched its Dogecoin Trust ETF today, the first US investment vehicle to provide exposure to the meme token.
The Grayscale XRP Trust ETF (GXRP) and Dogecoin Trust ETF (GDOG) charge no management fee for the first three months or for the first $1 billion in assets. After the fund exceeds $1 billion or the waiver period ends on February 24, 2026, the fee will be 0.4%.
The Franklin XRP Trust (XRPZ) carries a 0.2% annual sponsor fee, waived on the first $5 billion in assets until May 2026. This makes it a low-cost regulated option for US investors.
Source: https://cryptobriefing.com/xrp-etf-debut-nyse-arca/
