BREAKING: REX-Osprey Dogecoin and XRP ETFs Set to Launch This Week - Crypto Markets Brace for Impact
Wall Street's meme coin moment arrives as regulatory gates swing open.
DOGE AND XRP ETFS HIT THE MARKET
REX Shares and Osprey Funds just bulldozed another barrier between crypto and mainstream finance. Their new ETFs—tracking Dogecoin and XRP—land on trading desks this week, giving institutional investors direct exposure without the wallet hassles.
THE INSTITUTIONAL PLAYGROUND EXPANDS
Forget mining or custody headaches. These funds package volatility into neat, SEC-friendly wrappers. Traders get the price action without touching a blockchain—Wall Street's favorite kind of innovation: all upside, none of the tech.
MARKETS EYE BILLIONS IN FLOWS
Analysts predict massive inflows as the crypto-curious dive in. Dogecoin's cult following meets XRP's legal clarity—creating a perfect storm of speculative demand. Because nothing says 'mature asset class' like betting on a joke currency with professional money.
ANOTHER STEP TOWARD LEGITIMACY—OR JUST MORE SPECULATION?
These ETFs aren't just products; they're signals. Mainstream finance keeps embracing crypto's wildest corners, blurring lines between meme and asset. Sure, it brings liquidity—but also reminds everyone that in modern finance, if it can be securitized, it will be traded. Even the dog-themed coins.
RIC structure
The REX-Osprey ETFs employ a registered investment company (RIC) framework that distinguishes them from traditional spot crypto ETFs and their own solana ETF’s original approach.
Bloomberg ETF analyst James Seyffart explained that this structure provides operational flexibility while meeting regulatory requirements.
The RIC framework enables funds to hold spot crypto assets primarily while maintaining derivative usage capabilities and ETF investment options when market conditions demand flexibility.
This approach operates within established investment company regulations rather than corporate tax structures used by Bitcoin and ethereum spot ETFs.
The structure offers different tax treatment, operational requirements, and regulatory oversight compared to C-corporations.
These differences affect investor return distribution methods while providing a middle path between pure spot exposure and complete structural innovation.
Solana ETF
REX-Osprey previously launched the Solana ETF (SSK) as a C-corporation before converting structures, demonstrating the team’s willingness to adapt regulatory approaches.
The dogecoin ETF experienced delays from its original Sept. 12 expected debut, with Balchunas predicting the mid-week launch materialized.
The funds join the crypto ETF landscape as the Securities and Exchange Commission (SEC) approved five REX-Osprey ETFs despite structural differences from existing products.
Regarding standard crypto ETF applications, Seyffart noted that over 90 filings are awaiting a decision from the SEC. The first batch of approvals might happen in October, as some of the altcoin filings face their final deadline next month.
However, the SEC might delay the launch despite giving regulatory approval, as it recently did with multi-asset funds from Grayscale and Bitwise.
According to the Bloomberg analysts, the reason is that the regulator is finishing a framework to fast-track crypto ETF approvals, and wants to allow their trading after its conclusion.
Nevertheless, the REX-Osprey launches expand crypto ETF options beyond Bitcoin and Ethereum for now, offering exposure to other altcoins.