- This week, REX-Osprey will launch the first XRP and Dogecoin ETFs in the United States.
- These products will trade under tickers XRPR and DOJE.
- Both ETFs gained approval under the Investment Company Act of 1940.
Two innovative altcoin exchange-traded funds are set to launch in the United States this week. REX-Osprey’s Dogecoin ETF (DOJE) and XRP ETF (XRPR) will start trading on Sept. 18. This is a significant milestone for cryptocurrency investment products to trade in regulated markets.
The ticker name of the REX-Osprey XRP ETF will be XRPR. The product is the first US ETF to give investors spot access to XRP, which is the third-largest cryptocurrency by market capitalization. The fund has managed to manoeuvre its way through the regulatory structure of the Securities and Exchange Commission without facing any objections.
The first Dogecoin ETF will commence trading on Thursday, September 18, 2025, on one of the U.S. stock exchanges. This introduction makes it the first memecoin ETF in which American investors can invest. The product will provide first-hand exposure to Dogecoin, the famous cryptocurrency that originated as an internet meme.
Regulatory Framework Provides Streamlined Approval Path
Both the ETFs have been approved under the Investment Company Act of 1940. Such a regulatory framework offers a less complex approval route than the Securities Act of 1933, which regulates spot Bitcoin ETFs. Under the framework of the 1940 Act, automatic fund launches are scheduled 75 days after filing, except in cases where the SEC makes certain objections.
First ETF offering spot xrp exposure set to launch this week…
REX-Osprey using clever regulatory end-around via ‘40 Act structure to bring this to market.
Will be another good litmus test for ‘33 Act spot xrp ETF demand.
Futures-based xrp ETFs already nearing $1bil in assets. https://t.co/3wHp2BU4IM
— Nate Geraci (@NateGeraci) September 16, 2025
The REX-Osprey ETFs were designed as a registered investment Company (RIC), which is unlike other cryptocurrency investment products as well as conventional spot crypto ETFs. This is a structural distinction enabling the funds to operate under existing mutual fund regulations while providing cryptocurrency exposure.
The approval procedure shows a rising regulatory acceptance of cryptocurrency investment products. These ETFs sailed through the standard scrutiny period of the SEC without any major challenges. The ability to overcome regulatory oversights is an indication of greater institutional trust in altcoin investment vehicles.
Market Implications and Future Outlook
In July 2025, REX-Osprey released the first Solana staking ETF. That product has about $274 million in assets under management at the moment. Recent trade, however, has recorded insignificant inflows of less than $25 million within the last five trading days as indicated by the market data.
The company has shown further growth in cryptocurrency ETFs. In late August 2025, REX-Osprey applied to get a BNB staking ETF, which suggests that more altcoin investment products are being developed. This submission indicates that the company perceives regulatory environments as favorable to various cryptocurrency ETFs.
The amount of cryptocurrency ETF pipeline is growing significantly. As of August 2025, over 90 crypto exchange products were awaiting SEC approval. This backlog is a huge potential growth in the regulated cryptocurrency investment choice for American shareholders.
