- XRP ETF sees biggest ETF launch of 2025 with $37.7M.
- DOGE ETF ranks in top five with $17M debut volume.
- Both ETFs are issued by REX-Osprey, signaling rising demand.
In a significant development for the crypto industry, the first-ever spot XRP and Dogecoin ETFs made their debut in the U.S. markets, generating a combined $55 million in trading volume on their first day. Issued by REX-Osprey, these ETFs are the latest step in bridging traditional finance and digital assets.
The XRP ETF (ticker: XRPR) led the charge, bringing in an impressive $37.7 million on day one. According to Bloomberg ETF analyst Eric Balchunas, this makes XRPR the biggest ETF launch of 2025, out of over 700 launches so far this year.
Not far behind, the Dogecoin ETF (ticker: DOJE) also made waves, securing $17 million in day-one volume. This places DOJE comfortably in the top five ETF launches of the year, further proving that investor appetite for crypto-related products is not slowing down.
What This Means for Crypto Adoption
The launch of XRP and Dogecoin ETFs marks a new chapter in crypto adoption . Unlike futures-based ETFs, these spot ETFs offer direct exposure to the actual cryptocurrencies, giving investors a regulated and simplified way to gain access to digital assets through traditional brokerage accounts.
This is particularly significant as it reflects growing institutional interest and regulatory acceptance of altcoins beyond Bitcoin and Ethereum . With major financial players backing these products, altcoins like XRP and Dogecoin are now part of a broader investment conversation.
REX-Osprey’s Role and What Comes Next
REX Shares and Osprey Funds, the issuers behind these ETFs, have made a bold move by choosing to list XRP and Dogecoin ahead of many other crypto assets. Their strategy appears to be paying off, with both funds attracting substantial investor attention out of the gate.
As more ETF providers explore the potential of spot crypto products, the success of XRPR and DOJE could serve as a blueprint for future altcoin ETF offerings. The strong debut could also lead to increased liquidity and price stability for both XRP and Dogecoin.
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