REXShares Launches First US Spot ETFs for DOGE and XRP
REXShares and Osprey unveil the first U.S. spot ETFs for Dogecoin and XRP, opening regulated access to top altcoins.
- REXShares introduces DOJE and XRPR ETFs on Cboe BZX.
- First spot ETFs in the U.S. offering exposure to DOGE and XRP.
- ETFs structured under the 1940 Act for added investor protection.
In a groundbreaking move for the crypto market, REXShares in collaboration with Osprey Funds has launched the first-ever U.S.-listed spot ETFs for Dogecoin (DOGE) and XRP, trading under the tickers DOJE and XRPR, respectively. These new investment vehicles are listed on the Cboe BZX Exchange and represent a major regulatory breakthrough for altcoin-based ETFs.
While Bitcoin and Ethereum have long dominated headlines around ETFs, this marks the first time that American investors can gain regulated spot exposure to Dogecoin and XRP through traditional brokerage accounts. The funds aim to hold the actual underlying assets, offering a more direct path to crypto exposure than derivatives or trusts.
How These ETFs Are Structured
These ETFs fall under the Investment Company Act of 1940, which provides enhanced regulatory protections compared to many previous crypto-related products. Although the core goal is to track spot market prices by holding DOGE and XRP directly, the fund structure allows some flexibility. In certain cases, the funds may also invest in other spot-based products or use derivatives to achieve their investment goals, depending on liquidity and regulatory constraints.
This launch reflects the ongoing evolution in U.S. regulatory policy, which has recently opened the door for more digital asset ETFs under broader listing standards. The move is expected to attract both retail and institutional investors who have been waiting for cleaner, more accessible exposure to altcoins like Dogecoin and XRP.
What This Means for Crypto Investors
The launch of DOJE and XRPR ETFs could lead to increased liquidity and trading volumes for Dogecoin and XRP. It also sets a precedent for future spot ETFs tied to other altcoins. With the SEC signaling more openness to crypto-based ETFs, this development may be just the beginning.
However, investors should remain mindful of the risks associated with volatile digital assets, even when accessed through regulated ETF wrappers. The regulatory clarity is a positive sign, but market conditions and price swings remain inherent to the asset class.
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