🚀 REX Shares Leads – First US Spot ETFs for XRP & Dogecoin Are Live!
Thursday marked a milestone as REX-Osprey launched the first US-listed spot ETFs for XRP (XRPR) and Dogecoin (DOJE) on Cboe, giving investors direct exposure to the underlying assets via regular brokerage accounts.
📈 Key Highlights:
XRPR & DOJE track spot prices of XRP & DOGE
Launched under the Investment Company Act of 1940
Provides easy access to crypto without wallets or exchanges
Earlier, REX-Osprey offered a Solana staking ETF (SSK)
Analysts predict modest initial trading volume (~$2.5M for DOJE)
💡 Market Impact:
XRP +2% → $3.10
DOGE +3% → $0.282
SEC’s new rules may speed up future crypto ETF approvals from 240 → 75 days
With Grayscale, 21Shares, Bitwise, and others eyeing XRP & DOGE ETFs, this could unlock broader institutional adoption.