XRP Fund notched its biggest ETF debut in 2025, and Dogecoin wasn’t too late

First exchange trade fund that gives investors exposure XRP It debuted loudly on Thursday, bringing nearly $38 million influx with the best ETF launch of the year.

Rex and Osprey Funds’ XRP ETFs surpassed expectations as investors are in a hurry to be exposed to cryptocurrency.

Publisher doje etf, first Dogecoin The ETF trading in the US market generated its first $17 million.

Eric Balknath, a senior ETF analyst at Bloomberg, has shown that the success of the two funds indicates pent-up demand for Altcoin exposure, and writes to X that it is a “good sign” for the long list of funds lined up by the SEC for approval.

Wall Street regulators on Wednesday approved a new generic list standard for product-based trusts that could make crypto ETFs more likely to hit the market.

XRP prices According to Crypto’s data provider Coingecko, it has recently reached $3.01 after losing more than 3% of its value over a 24-hour period. Dogecoin Price It was nearly $0.27 after a 6% decline over the same period.

Following the huge success of Bitcoin and Ethereum ETFs approved by the SEC last year, issuers want to address the growing desire for crypto-centric investment products. The SEC has received over 90 applications for funds based on a combination of altcoins, tokens and strategies. BTC and ETF generate around $57 billion and $14 billion, respectively.

Rex offers XRP and Doge ETFS stocks and Osprey Funds, with investors touching two Altcoins via subsidiaries registered in the Cayman Islands, which are fully owned and managed by the fund.

Rex-Sosprey launched funds through the 1940 Investment Companies Act, not the Securities Act of 1933. The 1933 Act focuses on securities or goods covered by ETFs, while the 1940 Act regulates investment companies such as mutual funds.