New XRP and Dogecoin ETFs Expected to Begin Trading This Month
The Bitwise XRP ETF is expected to begin trading on Thursday, November 20, 2025, with the ticker XRP, according to Bloomberg analyst James Seyffart. Following this, Grayscale and Franklin Templeton‑backed funds tracking XRP and Dogecoin could list on Monday, November 24, 2025, including the Grayscale Dogecoin ETF.
On its opening day, the Canary Capital XRP ETF (XRPC) saw about $58 million in daily net investments, topping the Bitwise Solana ETF debut which recorded approximately $57 million. Recent crypto ETF launches in the past three weeks have included the Bitwise Solana Staking ETF (BSOL), Canary Capital XRP ETF (XRPC), and expected upcoming launches from Grayscale, VanEck, Fidelity, and 21Shares.
In the broader crypto ETF landscape, 11 Bitcoin funds collectively exceed $130 billion in assets, with the BlackRock iShares Bitcoin Trust leading by holding more than half of that total. Additionally, nine Ethereum funds together exceed $18 billion, according to CoinGlass.
The regulatory environment has seen progress after initial signals from the SEC in September indicating approvals with generic listing standards. Although delays occurred due to a U.S. government shutdown, the subsequent reopening has triggered the anticipated wave of new ETF listings.
Analysts note that the gains in crypto ETFs reflect a growing appetite for crypto-focused products, spurred by the success of spot Bitcoin and Ethereum ETFs and improved regulatory clarity. Previously, Eric Balchunas forecasted early October approvals, while Sumit Roy expects the continued surge of ETF approvals in the near future.
