BREAKING: REX-Osprey DOGE and XRP ETFs Set to Launch This Thursday - Game Changer for Crypto Markets

Wall Street meets meme magic as REX and Osprey prepare to drop the crypto world's most anticipated ETFs.

The Regulatory Green Light

After months of speculation, the SEC finally gives the nod—DOGE and XRP are hitting the mainstream investment circuit. No more messy exchanges or wallet headaches; just pure, tradable exposure.

Market Impact

Expect volatility spikes as institutional money floods in. Traditional finance finally admits what we've known all along—crypto isn't going anywhere. Though let's be real, it took them long enough to catch up.

What's Next?

This launch could trigger a domino effect—more altcoin ETFs, broader adoption, and maybe even your conservative uncle finally asking about digital assets. But remember, with great liquidity comes great manipulation potential. Stay sharp, traders.

First U.S. ETFs to Offer Spot Crypto

REX Shares, the asset manager behind the products, has also confirmed this. In a post on X, the firm said that XRPR will be the first U.S. ETF to give investors direct spot exposure to XRP. This means that instead of investors buying the token directly, they can manage them through the ETF.

The REX-Osprey™ XRP ETF, $XRPR, is coming this week!$XRPR will be the first U.S. ETF to deliver investors spot exposure to the third largest cryptocurrency by market cap, $XRP.

From REX-Osprey™, the team behind $SSK.@OspreyFunds

View Fund Prospectus:… pic.twitter.com/qMdKhfBZ0e

“XRPR will be the first U.S. ETF to deliver investors spot exposure to the third-largest crypto by market cap,” the company posted.

Regulatory and Design Details

The two new funds will be launched under the Investment Company Act of 1940, widely referred to as the 40 Act. This allows the products to reach the market even as filings under the Securities Act of 1933 remain pending. 

According to Balchunas, there are already seven issuers who have filed applications for an XRP ETF under the 33 Act and three who have applied for a Dogecoin ETF. However, none of those filings have been approved by the Securities and Exchange Commission.

How the ETFs Are Designed and What They Hold

Balchunas’s colleague, James Seyffart shared more details about the structure of the funds. He said the DOJE ETF will hold other spot Doge ETFs, while the XRP ETF will include a mix of assets along with spot XRP. This makes them a bit different from regular single-asset ETFs.

Meanwhile, Balchunas also pointed out that the same prospectus that cleared the way for DOJE and XRPR included filings for TRUMP and BONK ETFs, though there are no launch dates yet for those.

REX Shares has been expanding its presence in crypto-linked funds. The company previously launched the first solana staking ETF under the 40 Act, which recently crossed $250 million in assets under management. The success of that product has raised expectations for similar growth with the new Dogecoin and XRP funds.

Also Read: Helius Raises $500M for Solana Treasury, Stock Soars 200%