Grayscale Dogecoin, XRP Trusts Go Live, Cleanspark Earnings: Crypto Week Ahead
Grayscale is set to launch two new spot crypto ETFs on NYSE Arca today: the Grayscale Dogecoin Trust ETF (GDOG) and the Grayscale XRP Trust ETF (GXRP). These additions come amid a risk-off market environment marked by ETF outflows and declining cryptocurrency prices. Investors are watching closely to see how the new ETFs perform, as they provide a regulated, exchange-listed way to gain exposure to Dogecoin and XRP without directly holding the tokens. The launches highlight Grayscale’s continued push to expand its range of crypto investment products despite challenging market conditions.
Elsewhere in the crypto and blockchain space, several notable events are on the horizon. CleanSpark is reporting earnings, Monad is preparing for its mainnet launch, KR1 is moving to the London Stock Exchange, and Spacecoin plans to launch a satellite. These developments signal ongoing innovation and activity in the broader digital asset ecosystem.
What’s coming up this week
Grayscale Dogecoin Trust ETF launch and XRP ETF on NYSE Arca
GDOG and GXRP listings were certified by NYSE Arca; Grayscale confirms effectiveness and listing as of Nov. 24, 2025.SEC+2Grayscale Funds+2
The NYSE Arca certifies its approval for listing and registration of the Grayscale Dogecoin Trust ETF Shares …” (SEC filing, Nov. 21).
Grayscale’s fund site notes the Trust established ongoing creations/redemptions and listed to NYSE Arca effective 11/24/2025.
Why it matters
The debuts come amid heavy outflows from U.S. spot bitcoin ETFs in November, a sign of weak demand that could affect early trading in GDOG and GXRP.
Earnings and corporate events
CleanSpark (CLSK)
Fiscal Q4 results Nov. 25 (post-market). Recent quarters showed strong revenue and BTC holdings; watch commentary on margins and expansion.
KR1 plc
Expected migration to London Stock Exchange main market under ticker 0A9X this week; LSE list page reflects the instrument identifier.
Protocol and network milestones
Monad (MON)
Public mainnet Nov. 24; team previously scheduled token release to coincide with launch.
Spacecoin (SPACE)
CTC-1 satellite constellation targeting launch from Vandenberg on Nov. 26 (community event trackers). Treat timing as tentative pending mission updates.
Market backdrop and flows
U.S. spot bitcoin ETFs recorded roughly $3.55B in net outflows in November, per NYDIG’s analysis; crypto indices and prices remain under pressure.
CoinDesk 20 constituents broadly declined into Nov. 19; risk tone remains fragile.
Context & Analysis
The Grayscale Dogecoin Trust ETF launch expands spot-crypto access beyond BTC and ETH. Still, the near-term setup is mixed: persistent ETF redemptions and negative risk sentiment can dampen day-one liquidity and tight spreads. Earnings from miners like CleanSpark will offer another read on operating resilience into year-end hash price weakness.
Conclusion
This week sees the debut of two new spot ETFs, Grayscale Dogecoin Trust (GDOG) and Grayscale XRP Trust (GXRP), alongside several notable network and corporate milestones. Investors will be closely monitoring how these new listings perform in a market still experiencing risk-off sentiment and broad volatility.
Liquidity and flow dynamics remain the key swing factors. The critical question is whether today’s ETF launches can attract net inflows despite the overall November downturn. Market participants will be watching for signs that investor appetite for regulated crypto products is holding firm even amid wider market caution.
FAQs
Q : When do GDOG and GXRP start trading?
A : Today, Nov. 24, after NYSE Arca certified their listings and Grayscale marked the funds effective.
Q : What is the exact venue and tickers?
A : NYSE Arca; GDOG (Dogecoin) and GXRP (XRP).
Q : How do market conditions look heading into launch?
A : Risk appetite is weak: U.S. spot bitcoin ETFs saw about $3.55B in November outflows.
Q : When will CleanSpark report?
A : Nov. 25 after the close, for fiscal Q4.
Q : What else is on the crypto calendar?
A : Monad mainnet (Nov. 24), KR1 move to LSE main market, and Spacecoin targeting CTC-1 launch on Nov. 26.
Q : Does the Grayscale Dogecoin Trust ETF launch change DOGE fundamentals?
A : No; it only changes accessibility and potential flow dynamics, not the token’s protocol.
Q : Where can I track the funds post-listing?
A : Broker data, Grayscale fund pages, and NYSE Arca feeds provide price/NAV updates.
Facts
Event
GDOG & GXRP set to list and begin trading on NYSE Arca; busy crypto week with CleanSpark earnings and Monad mainnet.Date/Time
2025-11-24T14:12:00+05:00Entities
Grayscale Investments; NYSE Arca; CleanSpark (CLSK); KR1 plc (0A9X); Monad; Spacecoin (SPACE).Figures
~$3.55B November outflows from U.S. spot bitcoin ETFs (NYDIG/analysis via CoinDesk). CoinDeskQuotes
“The NYSE Arca certifies its approval for listing and registration of the Grayscale Dogecoin Trust ETF Shares …” NYSE Arca filing to SEC (Nov. 21, 2025). SECSources
SEC GDOG certification (PDF) + Grayscale fund page; CleanSpark earnings schedule (Nasdaq); Monad announcements. monad.xyz+3SEC+3Grayscale Funds+3