🚀 XRP & Dogecoin ETFs Launch with $54M Volume
REX-Osprey's XRP and Dogecoin ETFs debuted with explosive $54.7M trading volume, marking one of 2025's most successful ETF launches. The XRP ETF (XRPR) led with $37.7M while Dogecoin ETF (DOJE) surprised with $17M.
Key Highlights:
Record institutional demand for altcoin exposure
Approved under faster regulatory framework
XRPR achieved $24M volume in first 90 minutes
DOJE exceeded projections sixfold
Market Significance:
Demonstrates strong altcoin ETF demand beyond Bitcoin/Ethereum
Provides institutional access without direct crypto ownership
Sets precedent for future crypto ETF approvals
Regulatory Context:
ETFs use alternative structure allowing quicker approvals but require offshore subsidiaries and derivatives rather than direct spot exposure.
Outlook:
Success could pave way for additional altcoin ETFs while highlighting growing institutional crypto adoption. Sustained interest will depend on ongoing flow data and regulatory developments.
Will altcoin ETFs maintain momentum?