U.S. Altcoin Spot ETFs Experience Surge in Listings

According to BlockBeats, the U.S. altcoin spot ETF market is experiencing a surge in listings this week. Grayscale Investments launched the Grayscale XRP Spot ETF (GXRP) on the New York Stock Exchange Arca on Monday. Additionally, Franklin Templeton introduced the Franklin XRP Trust (XRPZ), an XRP exchange-traded fund, on the same platform. The first U.S. spot Dogecoin ETF, GDOG, was also launched by Grayscale on Monday. Bitwise plans to list its Dogecoin ETF, BWOW, on Wednesday. Bloomberg ETF analysts anticipate that a LINK spot ETF will be introduced this week, with over 100 crypto ETFs expected to be launched in the next six months.