The First Dogecoin (DOGE) and XRP ETFs Have Hit the Market – Here’s What You Need to Know and a Bloomberg Analyst’s Take

A historic development has occurred in the cryptocurrency ￰0￱ exchange-traded funds (ETFs) directly tracking the price of Dogecoin (DOGE) and XRP began trading in the US for the first time ￰1￱ REX Shares and Osprey Funds jointly launched products include the REX-Osprey XRP ETF (XRPR) and the REX-Osprey DOGE ETF (DOJE). These two funds offer spot-based access to crypto assets, allowing investors to invest directly in DOGE and XRP through ￰2￱ News: Coinbase Announces Collaboration with This Altcoin, Price Volatility High! REX-Osprey has chosen to ensure regulatory compliance by registering its ETFs under the Investment Company Act of ￰3￱ REX-Osprey SOL Staking ETF, which tracks the price of Solana (SOL) and staking rewards, was previously launched with a similar legal ￰4￱ volumes reached remarkable levels after the ￰5￱ analyst Eric Balchunas noted that the DOGE ETF saw approximately $6 million in trading volume in the first hour, while the XRP ETF reached $24 million within 90 ￰6￱ noted that these figures surpassed the first-day volumes of previously traded XRP futures ETFs. *This is not investment ￰7￱ Reading: The First Dogecoin (DOGE) and XRP ETFs Have Hit the Market – Here’s What You Need to Know and a Bloomberg Analyst’s Take