REX-Osprey has taken a major step by launching the first U.S.-listed ETFs that offer direct spot exposure to Dogecoin and XRP, broadening institutional access beyond Bitcoin and Ethereum.
Key Takeaways:
- The firm unveiled the first U.S. spot ETFs for Dogecoin (DOGE) and XRP (XRPR).
- Following the launch, both DOGE and XRP saw price increases and notable spikes in trading volume.
- This launch builds on the success of REX-Osprey’s Solana + Staking ETF.
On September 18, REX-Osprey, a collaboration between REX Shares and Osprey Funds, officially launched the DOGE ETF and XRP ETF on the CBOE exchange. These ETFs provide investors with a regulated, direct way to access Dogecoin and XRP. The DOGE ETF allocates most of its assets to Dogecoin, offering a secure path into the meme-driven cryptocurrency, while the XRP ETF focuses on XRP, known for its role in facilitating cross-border payments.
Both ETFs operate under the U.S. Investment Company Act of 1940, combining crypto’s inherent volatility with the familiar framework of traditional investment funds.
Expanding the Crypto ETF Landscape
The new DOGE and XRP ETFs follow REX-Osprey’s earlier success with the SOL + Staking ETF, which launched in July 2025 and now manages over $275 million in assets. By offering spot exposure within a 1940 Act fund, REX-Osprey provides a bridge between the volatile crypto market and traditional investing, making digital assets more accessible to institutional participants.
For Dogecoin, this launch adds credibility to an asset largely influenced by community sentiment. For XRP, it offers a regulated avenue for investors who were previously cautious due to its complex legal background with the SEC.
The market reacted strongly to the news. Dogecoin climbed 5.77% to $0.28, with 24-hour trading volume jumping over 44% to $5.66 billion. XRP also gained 3.05%, trading at $3.12, with volume increasing nearly 75% to $7.8 billion, reflecting growing investor confidence in these spot ETFs.
