The New York Stock Exchange has granted final approval to Grayscale's spot exchange-traded funds (ETFs) for Dogecoin (DOGE) and XRP.
The funds, the Grayscale Dogecoin Trust ETF (GDOG) and the Grayscale XRP Trust ETF (GXRP), are scheduled to begin trading on Monday.
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This approval, filed by NYSE Arca with the SEC on Friday, represents the final regulatory step required for the products to launch.
According to Eric Balchunas, senior ETF analyst at Bloomberg, the company's Chainlink ($GLNK) ETF is expected to follow suit next week.
Balchunas predicts the Dogecoin ETF's trading volume on its first day could reach approximately $11 million.