The New York Stock Exchange is making big moves again. This time, Grayscale is bringing Dogecoin and XRP straight to the mainstream stage—the GDOG and GXRP trusts will be listed on NYSE Arca next Monday. From now on, U.S. investors who want to buy these two coins just need to open a brokerage account—no more messing with wallets or memorizing seed phrases; it’s as easy as buying tech stocks.

Doesn’t sound like a big deal? Then you might be underestimating the significance of this move.

This is the first time a mainstream exchange has given “altcoins” the green light. When Bitcoin and Ethereum ETFs launched, it was already huge news. Now, even meme coins like Dogecoin and controversial coins like XRP are getting regulatory approval, signaling a complete shift in regulatory attitudes. Franklin Templeton is following up with a Dogecoin ETF, Bitwise’s XRP product has been available for a while, and since Solana’s BSOL launched earlier this year, it’s attracted over $400 million—Wall Street money is starting to flow into the altcoin market.

Right now, the market is divided into two heated camps.

DOGE supporters say: Musk is constantly hyping it, the community’s faith is rock solid—this is the real “people’s currency.” Meme culture is a productive force, and the legend of explosive growth is far from over.

XRP backers disagree: Cross-border payments have real-world use cases, they’ve cleared their name after the SEC lawsuit, and institutional funds will inevitably pile in—this is what real value investing with confidence looks like.

#比特币行情观察 The underlying logic has changed.
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