In a major milestone for the crypto world, REX Shares and Osprey Funds have rolled out the first-ever spot ETFs tied to XRP and Dogecoin right here in the US. These funds are now trading on the Cboe BZX Exchange, making it simpler than ever for everyday investors to dip their toes into these digital assets. No more fumbling with crypto wallets or worrying about self-custody – it's all wrapped up in a regulated package. This news comes straight from a recent post by BSCNews on X, and it's got the community buzzing.
Diving into the XRPR ETF
Let's start with the XRPR ETF, which gives you direct exposure to XRP – that's the token behind the XRP Ledger, known for powering super-fast cross-border payments. Think of it as a digital highway for money transfers, cutting out the middlemen and speeding things up.
This ETF operates under the Investment Company Act of 1940, which means it comes with built-in regulatory protections to keep things safe for investors. On launch day, it saw massive interest, racking up over $24 million in trading volume in the first hour alone. By the end of the session, that number climbed to $37.7 million, making it the biggest ETF debut of 2025 out of more than 700 launches. If you're into blockchain tech for real-world uses like remittances, this could be a game-changer.
The DOJE ETF: Meme Coin Goes Mainstream
Now, for the one that's got meme token enthusiasts like us at Meme Insider extra excited – the DOJE ETF. This fund tracks Dogecoin, the OG meme coin that started as a joke based on the Shiba Inu dog meme but has grown into a cultural phenomenon with a massive following.
Unlike the XRPR, DOJE doesn't hold Dogecoin directly. Instead, it mirrors the price using derivatives and other crypto products listed abroad. Still, it provides that spot-like exposure in a fund format that's easy to trade. Launch day was solid, with $6 million traded in the first hour and closing at $17 million, landing it in the top five ETF launches this year.
For meme coin fans, this is huge. Dogecoin, often symbolized by its adorable doge mascot, has always been about community and fun, but now it's stepping into the big leagues of traditional finance. It lowers the barriers for newbies who want in on the action without dealing with exchanges or keys.
Why This Matters for Crypto and Meme Tokens
These launches build on the success of REX-Osprey's Solana ETF from July, which has already amassed over $275 million in assets. By bringing XRP and Dogecoin into the ETF fold, they're bridging the gap between crypto natives and traditional investors. For blockchain practitioners, this means more liquidity, potentially stabilizing prices and attracting institutional money.
Especially for meme tokens like Dogecoin, spot ETFs could spark renewed interest and innovation. We've seen how Bitcoin and Ethereum ETFs shook things up – imagine what this does for the meme economy. It's a step toward mainstream adoption, where even your grandma's retirement fund might hold a bit of DOGE.
If you're looking to stay ahead in the meme token space, keep an eye on how these ETFs perform. They could influence everything from market trends to new project launches. For more insights, check out our knowledge base on meme tokens at Meme Insider.