Bitwise and Grayscale disclose XRP and Dogecoin spot ETF fees, or launch without SEC approval

According to The Block, Bitwise plans to charge a fee of 0.34% for the Bitwise XRP ETF, while Grayscale charges 0.35% for its XRP and Dogecoin ETFs. Both companies have previously launched SOL spot ETFs, with Bitwise raising approximately $56 million on its first day.

Against the backdrop of a U.S. government shutdown and limited SEC personnel, institutions can submit S-1 filings without a "delaying amendment" and meet listing standards, allowing products to automatically take effect after 20 days. This means that some crypto ETFs may be able to list without prior SEC approval. NovaDius states that the first XRP spot ETF may be seen within two weeks.