19.09.2025 02:50
In a landmark move for digital asset accessibility in the United States, investment firm REX-Osprey has officially introduced two exchange-traded funds, providing mainstream investors with regulated, direct exposure to a prominent payments token and a leading meme token. The newly launched products are the REX-Osprey XRP ETF, trading under the ticker XRPR, and the REX-Osprey DOGE ETF, with the ticker DOJE.
Garnering immediate and substantial market attention, the XRPR fund experienced a remarkable first day, with trading volumes reaching approximately $37.7 million. According to analysis from Bloomberg's Eric Balchunas, this figure positions XRPR as one of the most successful single-day debuts among all ETFs launched in 2025. The DOJE fund also demonstrated a strong reception, accumulating around $17 million in trading volume, prompting internet sources and market commentators to declare the dual launch an unequivocal success.
Designed to bridge the gap between traditional finance and the crypto world, both ETFs function by holding the underlying XRP and Dogecoin tokens on behalf of their shareholders. This structure allows investors to gain price exposure to the digital assets through their standard brokerage accounts, thereby eliminating the need to navigate cryptocurrency exchanges or manage complex digital wallets, a feature particularly attractive to conventional investors seeking familiar and regulated investment vehicles.
This initiative is not an isolated move for REX-Osprey, which is the same team behind the successful SSK, a U.S.-based ETF offering spot Solana exposure combined with potential on-chain staking rewards. The launch of the XRP and Dogecoin funds is part of the firm's broader strategy to bring well-known digital assets into the mainstream investment sphere within a regulated framework, occurring amidst a flurry of institutional activity in the crypto market, including Ripple's expanding tokenization partnerships with banks and asset managers.
Following the explosive initial trading volume, market analysts will now be closely monitoring key metrics such as sustained net inflows and the overall growth of assets under management. These figures will serve as crucial indicators of long-term investor appetite for these innovative products.
