The post REX-Osprey Debuts First U.S. Spot ETFs Offering Exposure To XRP, Dogecoin ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp For the first time in the United States, exchange-traded funds (ETFs) tracking the price and offering spot exposure to XRP and Dogecoin have hit Wall Street. These are the first funds under full regulatory oversight, marking a pivotal moment for these two major cryptocurrencies in mainstream finance. DOGE And XRP ETFs Go Live The REX-Osprey XRP ETF started trading on US exchanges on Sept. 18 with the ticker symbol XRPR. The two companies also introduced their REX-Osprey DOGE ETF, tickered DOJE. REX Shares and Osprey launched the two products under the Investment Company Act of 1940 — a federal law that provides an easier approval path than the Securities Act of 1933 used for other popular crypto exchange-traded fund approval processes.  Unlike investment vehicles that directly hold the underlying asset, this 1940 Act structure allows the ETF to automatically debut 75 days after application unless the SEC halts the launch. Today’s Wall Street debut marks a turning point for Dogecoin and XRP, potentially opening the floodgates of institutional capital into these markets. Advertisement &nbsp REX-Osprey’s Solana fund was the first, and is still the only, ETF to track the price of SOL, the sixth-largest crypto by market cap. It was also the first fund in the United States to add staking rewards. This “will be another good litmus test for ‘33 Act spot XRP ETF demand,” ETF Store president Nate Geraci recently noted, adding that futures-based XRP ETFs are already nearing $1 billion in assets. Meanwhile, the DOJE ETF marks a key milestone as the first U.S. ETF to focus on a meme coin — tokens that typically lack utility or a clear economic purpose.  The fund very quickly exceeded the expectations of Bloomberg’s Senior ETF Analyst Eric Balchunas, who initially expected a fair market… The post REX-Osprey Debuts First U.S. Spot ETFs Offering Exposure To XRP, Dogecoin ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp For the first time in the United States, exchange-traded funds (ETFs) tracking the price and offering spot exposure to XRP and Dogecoin have hit Wall Street. These are the first funds under full regulatory oversight, marking a pivotal moment for these two major cryptocurrencies in mainstream finance. DOGE And XRP ETFs Go Live The REX-Osprey XRP ETF started trading on US exchanges on Sept. 18 with the ticker symbol XRPR. The two companies also introduced their REX-Osprey DOGE ETF, tickered DOJE. REX Shares and Osprey launched the two products under the Investment Company Act of 1940 — a federal law that provides an easier approval path than the Securities Act of 1933 used for other popular crypto exchange-traded fund approval processes.  Unlike investment vehicles that directly hold the underlying asset, this 1940 Act structure allows the ETF to automatically debut 75 days after application unless the SEC halts the launch. Today’s Wall Street debut marks a turning point for Dogecoin and XRP, potentially opening the floodgates of institutional capital into these markets. Advertisement &nbsp REX-Osprey’s Solana fund was the first, and is still the only, ETF to track the price of SOL, the sixth-largest crypto by market cap. It was also the first fund in the United States to add staking rewards. This “will be another good litmus test for ‘33 Act spot XRP ETF demand,” ETF Store president Nate Geraci recently noted, adding that futures-based XRP ETFs are already nearing $1 billion in assets. Meanwhile, the DOJE ETF marks a key milestone as the first U.S. ETF to focus on a meme coin — tokens that typically lack utility or a clear economic purpose.  The fund very quickly exceeded the expectations of Bloomberg’s Senior ETF Analyst Eric Balchunas, who initially expected a fair market…

REX-Osprey Debuts First U.S. Spot ETFs Offering Exposure To XRP, Dogecoin ⋆ ZyCrypto

2025/09/19 05:09

Advertisement

&nbsp

&nbsp

For the first time in the United States, exchange-traded funds (ETFs) tracking the price and offering spot exposure to XRP and Dogecoin have hit Wall Street. These are the first funds under full regulatory oversight, marking a pivotal moment for these two major cryptocurrencies in mainstream finance.

DOGE And XRP ETFs Go Live

The REX-Osprey XRP ETF started trading on US exchanges on Sept. 18 with the ticker symbol XRPR. The two companies also introduced their REX-Osprey DOGE ETF, tickered DOJE.

REX Shares and Osprey launched the two products under the Investment Company Act of 1940 — a federal law that provides an easier approval path than the Securities Act of 1933 used for other popular crypto exchange-traded fund approval processes. 

Unlike investment vehicles that directly hold the underlying asset, this 1940 Act structure allows the ETF to automatically debut 75 days after application unless the SEC halts the launch.

Today’s Wall Street debut marks a turning point for Dogecoin and XRP, potentially opening the floodgates of institutional capital into these markets.

Advertisement

&nbsp

REX-Osprey’s Solana fund was the first, and is still the only, ETF to track the price of SOL, the sixth-largest crypto by market cap. It was also the first fund in the United States to add staking rewards.

This “will be another good litmus test for ‘33 Act spot XRP ETF demand,” ETF Store president Nate Geraci recently noted, adding that futures-based XRP ETFs are already nearing $1 billion in assets.

Meanwhile, the DOJE ETF marks a key milestone as the first U.S. ETF to focus on a meme coin — tokens that typically lack utility or a clear economic purpose. 

The fund very quickly exceeded the expectations of Bloomberg’s Senior ETF Analyst Eric Balchunas, who initially expected a fair market of roughly $2.5 million in trading volume. The fund had already hit nearly $6 million in trading volume shortly into Thursday’s trading session. “That’s shockingly solid… Most ETFs trade under $1m on Day One,” Balchunas added.

Dogecoin was trading hands at $0.2836 as of press time, reflecting a 7.4% gain over the last 24 hours. While XRP was priced at $3.11, according to data from CoinGecko.




Source: https://zycrypto.com/rex-osprey-debuts-first-u-s-spot-etfs-offering-exposure-to-xrp-dogecoin/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Top 3 Privacy Coins To Watch Amid the Market Crash and Ethereum Push

Top 3 Privacy Coins To Watch Amid the Market Crash and Ethereum Push

The post Top 3 Privacy Coins To Watch Amid the Market Crash and Ethereum Push appeared on BitcoinEthereumNews.com. Key Insights Privacy coins are outperforming the wider market during the November crash as traders rotate into assets with stronger on-chain privacy. The new Kohaku privacy system of Ethereum has renewed interest in coins with deeper, base-level privacy like Monero, Zcash, and Dash. Monero needs to clear $425, Zcash must break $748, and Dash has to move above $87 to keep their rallies alive. November has Bitcoin and Ethereum sliding, and many altcoins have broken into the negative zone. But one group is still holding strong. Privacy coins have stayed strong even as the wider market drops. The new privacy step of Ethereum, Kohaku, has also pulled attention back to coins that offer deeper privacy at the base chain. Here are the three privacy coins standing out right now. Monero (XMR) Privacy Coin in Focus Monero is still one of the strongest privacy coins in the market. It hides the sender, receiver, and amount in every transfer. There is no transparent option, unlike Kohaku’s opt-in model. This makes Monero the cleanest example of full privacy, and that is why it has led the privacy group while the market crashed. XMR has held up well. In the last three months, it has been up about 50.1%. The broader privacy-coin space has moved higher during Ethereum’s privacy push, and Monero has been at the front of that move. Monero has been stuck inside a rising wedge since 1 August. It has tried many times to break above the upper trend line but failed each time. Now the price is close again, and the privacy narrative makes this attempt important. Privacy Coin: Monero Price Action | Source: TradingView A close above $425 shows real strength and gives Monero a chance to crack the bearish pattern. A move above $477 turns it into a…
Share
BitcoinEthereumNews2025/11/20 06:56
These Altcoins Are Showing The Best Risk-Reward Ratios Today

These Altcoins Are Showing The Best Risk-Reward Ratios Today

The post These Altcoins Are Showing The Best Risk-Reward Ratios Today appeared on BitcoinEthereumNews.com. Crypto Presales The rotation in the crypto market has pushed many traders to reassess which digital assets offer meaningful progress and clear development signals. Even with shifts in market sentiment, a number of well-followed altcoins still present structured setups that appeal to both short-term and long-term crypto investors. The conversation around which projects can be considered the best crypto to buy now continues to expand, and Remittix (RTX) is increasingly joining this group due to its product-driven approach. 1. Bitcoin: Market Correction Opens a Fresh Risk Window Bitcoin has now continued to anchor overall market sentiment and remains a key reference point for institutional adoption and large-scale crypto investors. It currently trades around $90.000, which is a 4.15 percent pullback. Its market cap sits close to $1.78 trillion, while daily volume has dropped to $69.03 billion, reflecting a 42.35 percent decline as the market digests new inflows and outflows. Innovator of Afrika added in this BTC market comment that analysts still point to the possibility of a relief bounce towards the 107k region. Also, though the short-term movement is cautious, Bitcoin continues to offer strong liquidity on major crypto exchanges and tends to attract renewed interest whenever volatility increases. For many traders, Bitcoin remains one of the best crypto to buy now because of its long-term market structure and position within both bullish and bearish phases. The asset often acts as a stabilizer when altcoins see much more dramatic swings, creating an attractive choice for balanced exposure. 2. Cardano: A Technical Setup That Still Attracts Accumulation Cardano is currently selling at $0.45, shedding 5.99 percent on the day. Its market capitalization rests at $16.22 billion, while daily trading volumes are still healthy at $847.92 million, although the latter represents a slide of 34.82 percent. The project is highly tracked for…
Share
BitcoinEthereumNews2025/11/20 07:02