Grayscale Launches New Altcoin ETFs for Chainlink, XRP, and Dogecoin

Source: CryptoNewsNet Original Title: Grayscale Research Head Talks New Altcoin ETFs Covering Chainlink, XRP, and Dogecoin Original Link:

Grayscale Launches New Spot Altcoin ETFs

Grayscale Investments has announced the launch of new spot altcoin exchange-traded funds (ETFs), including Chainlink, XRP, and Dogecoin, following several years of product development and leveraging the firm’s experience with Bitcoin and Ethereum ETFs.

According to Zach Pandl, research head at Grayscale, Chainlink’s role in enabling the tokenization of real-world assets is central to its value. “Chainlink is the crypto project that is actually going to make this happen,” he stated. The technology provides the tools and compliance structure that financial institutions need to interact with decentralized networks.

The ETF provides investors a simpler way to gain exposure to LINK and is significant for future developments involving stablecoins, decentralized finance, and public blockchains. Chainlink’s oracle technology is used even by projects seen as competitors.

“Chainlink is going to be a really critical piece of infrastructure, an essential utility in that future vision.”

XRP ETF Sees Strong Inflows, Dogecoin Adds Variety

The XRP ETF, launched under the ticker GXRP, began trading on the New York Stock Exchange Arca on November 24, 2025, recording approximately $67 million on its first day of trading. XRP is described as a “battle-tested” network, initially designed for payments but now expanding its use beyond cross-border transfers.

With regulatory procedures now clearer, the pace of altcoin ETF approvals is accelerating. Grayscale’s offering also includes Dogecoin, which is described as “a different flavor,” acknowledging its origin as a meme token but pointing to its continued relevance. The firm aims to enable investors to build “a pretty high-quality crypto portfolio” using regulated instruments.

Market Outlook and Privacy Focus

Grayscale is also exploring the potential of launching a privacy-focused ETF, with privacy noted as crucial for broader adoption, especially among institutional users. “If institutions are going to start using these assets, it will require privacy,” according to market analysis.

On market conditions, a Bitcoin pullback of approximately 30% from October highs is described as typical correction behavior. “A 30% pullback is actually about an average drawdown.” Confidence remains in continued demand due to macroeconomic trends and institutional interest, with the bull cycle expected to continue.