Grayscale Launches DOGE and XRP Trusts, Cleanspark Q2 Earnings: Key Crypto Events This Week

Grayscale Investments has officially launched its Dogecoin (DOGE) and XRP Trust products, providing institutional investors with regulated exposure to these major cryptocurrencies. Simultaneously, bitcoin mining company Cleanspark is scheduled to release its Q2 2024 earnings report, offering crucial insights into mining profitability and industry trends. These developments signal growing institutional adoption in the cryptocurrency sector, with Grayscale expanding its digital asset offerings beyond Bitcoin and Ethereum. The crypto market anticipates these events could influence price movements and investor sentiment across DOGE, XRP, and mining-related stocks. Market analysts are monitoring how these trust launches might affect liquidity and institutional participation in altcoin markets.