New REX-Osprey ETFs Open Up DOGE and XRP to Institutional Investors
On September 18, REX-Osprey introduced spot ETFs for Dogecoin (DOGE) and XRP in the U.S., bringing these cryptos to institutions.
In a bold move, REX-Osprey, a collaboration between REX Shares and Osprey Funds, unveiled the DOGE and XRP spot ETFs. These let investors directly own fragments of the cryptos through conventional stock brokers.
Both DOGE and XRP gained in value post-launch. DOGE surged by 5.77%, hitting $0.28,with $5.66 billion traded in 24 hours. XRP rose by 3.05% to $3.12, with trading volume spiking 75% to $7.8 billion.
- DOGE ETF trades as DOJE; XRP ETF trades as XRPR.
- Secured under the U.S. Investment Company Act, ensuring safety and familiarity.
- Follows the success of REX-Osprey’s SOL + staking ETF, now managing $275 million.
CEO Greg King says offerings like these bring regulated access to popular digital assets, bridging crypto with traditional finance.
This launch also strengthens the position of DOGE—a meme-based coin—showing its community-driven value. For XRP, it clears doubts due to past legal issues with the SEC.
