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BREAKING: Grayscale’s Dogecoin & XRP ETFs Go Live on NYSE - Historic Crypto Milestone Achieved

BREAKING: Grayscale’s Dogecoin & XRP ETFs Go Live on NYSE - Historic Crypto Milestone Achieved

Author:
Coingape
Published:
2025-11-24 05:59:28
12
1

The wait is over—Wall Street just opened its golden gates to meme coins and payment tokens.

NYSE Greenlights Crypto Revolution

Grayscale's groundbreaking Dogecoin and XRP exchange-traded funds commenced trading this morning, marking the first time major US exchanges have embraced assets once dismissed as internet jokes. The SEC's approval signals a seismic shift in regulatory stance—or perhaps they finally realized fighting crypto was like trying to stop the ocean with a broom.

Institutional Adoption Accelerates

Traditional finance veterans are scrambling to adjust their spreadsheets while crypto natives celebrate the validation. The ETFs launched with immediate volume spikes, proving that even the most conservative portfolios now crave exposure to digital assets. Because nothing says 'serious investment' like adding the dog-themed coin to your retirement fund.

Market Impact and Future Implications

This approval sets precedent for broader crypto ETF approvals, potentially opening floodgates for other digital assets. The move comes as institutional investors increasingly demand regulated crypto exposure—apparently realizing that ignoring a $2 trillion market isn't the smartest career move.

Wall Street's embrace of crypto continues blurring lines between traditional finance and digital assets—whether this represents genuine innovation or just bankers chasing the next commission bonanza remains to be seen.

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November 24, 2025 05:56:09 UTC

Korea FIU to Penalize Major Crypto Exchanges Next

Korea’s Financial Intelligence Unit (FIU) is set to issue penalties against Korbit, Gopax, Bithumb, and Coinone, following its recent action against Dunamu. Industry insiders say the violations are likely similar across all exchanges, meaning penalties could match Dunamu’s case, where the Upbit operator was fined 35.2 billion KRW (about $24.35 million). Most of these enforcement measures are expected to be completed by the first half of next year.

November 24, 2025 05:56:09 UTC

Market Rebounds as Fed Rate-Cut Odds Swing Back in Favor

A month ago, markets were almost certain the Federal Reserve would cut rates. But just a week back, that confidence collapsed, with traders briefly pricing in the chance that the Fed might hold instead. Now, odds have swung back toward a rate cut again—though not as strongly as before. The shift reflects ongoing macro uncertainty, volatile data, and the canceled October CPI report, which has made market reactions more sensitive. For now, the renewed cut expectations are seen as positive for Bitcoin and the broader crypto market.

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