XRP and Dogecoin exchange-traded funds (ETFs) have officially launched on NYSE Arca, which marks a significant milestone for the cryptocurrency market. This development is important for several reasons: it provides a regulated investment avenue for individuals and institutions looking to gain exposure to these popular digital assets, enhances the legitimacy of cryptocurrencies in the eyes of traditional investors, and could potentially increase demand and liquidity for XRP and Dogecoin. Furthermore, the successful launch of these ETFs may pave the way for additional cryptocurrency-related funds in the future, contributing to the overall growth and acceptance of digital currencies within mainstream finance.
source: https://blocknews.com/xrp-and-dogecoin-etfs-go-live-on-nyse-arca-here-is-why-these-launches-matter/