Grayscale and Franklin Templeton have launched spot XRP ETFs on the NYSE Arca market, with Grayscale also introducing the first US-listed Dogecoin ETF. Grayscale’s XRP and Dogecoin ETFs will waive management fees for the first three months or until assets under management reach $1 billion. Franklin Templeton’s XRP ETF charges a 0.2% annual fee, but the fee is waived until assets under management reach $5 billion or until May 2026. These fee waiver policies are designed to attract early institutional capital and improve liquidity, providing mainstream investors with more regulated channels to invest in leading cryptocurrencies.