REX-Osprey has taken a significant step beyond Bitcoin and Ethereum by launching the first U.S.-listed ETFs that provide direct spot exposure to Dogecoin and XRP. This move enhances institutional access to these two prominent yet distinct cryptocurrencies.
Summary
On Thursday, REX-Osprey unveiled the inaugural U.S.-listed spot ETFs for Dogecoin and XRP. Following their launch, both DOGE and XRP experienced price increases alongside a notable surge in trading volumes. This rollout comes on the heels of REX-Osprey’s successful Solana + Staking ETF introduced earlier this year.
The official launch occurred on September 18, when REX-Osprey—formed through a collaboration between REX Shares and Osprey Funds—introduced the REX-Osprey DOGE ETF (CBOE: DOJE) and XRP ETF (CBOE: XRPR). These funds represent the first exchange-traded funds in the U.S. that offer direct spot exposure to Dogecoin and XRP.
As per their press release, DOJE will primarily invest its assets directly in Dogecoin, providing investors with a regulated pathway to this meme-inspired token. Meanwhile, XRPR is dedicated to focusing on XRP—a digital currency recognized for facilitating cross-border transactions.
Both ETFs are designed under the guidelines of the U.S. Investment Company Act of 1940, allowing them to incorporate cryptocurrency’s inherent volatility within established brokerage structures.
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REX-Osprey broadens its crypto ETF offerings
The introduction of DOJE and XRPR builds upon previous innovations from REX-Osprey, particularly their SOL + Staking ETF launched on July 2, 2025—which has since attracted over $275 million in assets under management according to their announcement.
This new offering provides investors with direct exposure to both Dogecoin and XRP while adhering to regulatory standards set forth by a fund governed by the ’40 Act. By doing so, REX-Osprey is not only enhancing access for investors but also bridging crypto market volatility with traditional ETF mechanics.
“Investors view ETFs as tools for trading and accessing markets,” stated Greg King—the CEO & founder of both REX Financial and Osprey Funds. “The digital asset revolution is already underway; being able to provide access to some of today’s most sought-after digital currencies within the protective framework of U.S.’40 Act ETFs is something we take pride in achieving after considerable effort.”
This launch serves as an important legitimacy benchmark for Dogecoin—whose valuation heavily relies on community perception rather than technical functionality—and offers a secure option for those interested in investing in XRP amid its complicated legal background involving SEC scrutiny.
The market reacted positively right after this announcement; Dogecoin saw an increase of 5.77%, reaching $0.28 while experiencing over a 44% rise in trading volume upsurging it past $5.66 billion within just one day. Similarly, XRP rose by 3.05%, hitting $3.12 with trading volume soaring nearly 75% close towards $7.8 billion during that period.
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