20.09.2025 23:27
The introduction of new exchange-traded funds (ETFs) tracking Ripple (XRP) and Dogecoin on Thursday was met with an unprecedented wave of investor interest, collectively generating an impressive $54.7 million in trading volume on their inaugural day. This robust debut, which significantly outpaced initial market forecasts, powerfully indicates a burgeoning demand within the U.S. investment landscape for more diverse cryptocurrency exposure options. Launched by financial innovators REX Shares and Osprey Funds, these funds quickly captured the market’s attention despite their distinctive operational design.
Leading the charge in this remarkable entrance was the XRP-focused XRPR ETF, which commenced trading with a formidable display of activity, accumulating $24 million in volume within its first ninety minutes. By the close of the trading day, XRPR had surged to an extraordinary $37.7 million, firmly establishing itself as the largest ETF debut of 2025. Bloomberg ETF analyst Eric Balchunas underscored this landmark achievement, highlighting that XRPR’s opening day volume substantially surpassed all previous launches this year, including the much-anticipated AI-centric IVES ETF. He further emphasized the unexpected strength of investor appetite, noting that XRPR’s initial trading volume was five times greater than any XRP futures ETF had managed on its first day.
The Dogecoin ETF, identified by the ticker DOJE, also delivered a commendable performance, decisively exceeding all market expectations. Despite analyst Balchunas's conservative prediction of approximately $2.5 million for its opening day, DOJE rapidly ascended to nearly $6 million in volume within its initial hour of trading. The fund concluded its first session with an impressive $17 million transacted, thereby securing its position among the top five ETF launches recorded this year and signaling a clear, rapid ascent in investor engagement for the popular meme coin.
While both XRPR and DOJE witnessed substantial trading activity, their respective price movements remained relatively subdued. This intriguing characteristic arises from their structural setup; these ETFs do not directly hold the underlying cryptocurrencies but instead offer indirect exposure to XRP and Dogecoin. Nevertheless, the significant trading volumes achieved by these newly introduced funds represent a pivotal moment, reflecting a vibrant and growing demand for more accessible cryptocurrency investment products within mainstream financial markets, as reported by various internet sources. This suggests an deepening integration of digital assets into traditional investment portfolios, even through indirect means.
