XRP and Dogecoin ETFs Break Records With Their Launch
The cryptocurrency investment landscape evolved significantly with the groundbreaking debut of the Rex-Osprey XRP ETF and the DOJE ETF. Both funds made waves on their first trading day, signaling the rising demand for altcoin-based investment options among U.S. investors.
Record-Breaking ETF Launches for Altcoins
The XRP ETF, the first-ever exchange-traded fund catering to XRP, brought in an impressive $38 million in inflows on its launch day. Meanwhile, the DOJE ETF, offering exposure to Dogecoin, saw an equally captivating $17 million in trading activity within its first 24 hours. These numbers surpassed expectations, making them among the most successful ETF launches of 2025.
Eric Balchunas, Bloomberg’s Senior ETF Analyst, noted that the funds’ success reflects a pent-up demand for crypto-based ETFs. He highlighted on X (formerly Twitter), “$XRPR traded $37.7m on Day One, edging out $IVES for the biggest day-one trading volume of any 2025 launch. $DOJE’s $17m debut is no slouch either, ranking in the Top 5 among over 700 launches this year.”
The Evolution of Crypto Investment Products
With the U.S. Securities and Exchange Commission (SEC) recently approving new listing standards for commodity-based trust ETFs, the path toward wider crypto ETF availability appears clearer than ever. Following the massive success of Bitcoin and Ethereum ETFs, which have collectively attracted around $71 billion in investments, issuers are racing to address growing demand for altcoin-focused ETFs.
Rex Shares and Osprey Funds launched these ETFs under the Investment Company Act of 1940—a legal structure often used for mutual funds—enabling these pioneering products to stand apart from traditional securities or commodity-based ETFs.
Impact on XRP and Dogecoin Prices
Despite the funds’ incredible debut, both cryptocurrencies saw a slight dip in their recent trading prices. XRP traded at $3.01, marking a 3% decline over 24 hours, while Dogecoin fell to $0.27—a 6% drop during the same timeframe. Nonetheless, analysts expect investor excitement around these ETFs to bolster long-term interest in the assets.
Where to Start With Crypto Investments
If you’re new to cryptocurrencies or ETFs, now may be a great time to explore these innovative investment products. Platforms like Rex Shares and Osprey Funds provide accessible entry points for crypto enthusiasts looking to diversify their portfolios.
Whether you’re interested in altcoins like Dogecoin and XRP or more established crypto assets like Bitcoin, the growing range of ETFs offers convenient and regulated options to gain exposure to this dynamic market.
