Asset manager REX-Osprey will launch the first U.S. spot Dogecoin and XRP ETFs on September 18, per Bloomberg analyst Eric Balchunas. REX Shares confirmed the XRP fund, which marks the first institutional spot exposure to XRP in the U.S. The launch, originally scheduled last week, was delayed before receiving a new date.
The funds will debut under the 40 Act, though they differ from 33 Act filings still awaiting SEC approval. Seven issuers have applied for an XRP ETF under the 33 Act, while three firms have sought DOGE-focused products. REX-Osprey has also filed for TRUMP and BONK ETFs, but details remain pending.
Analyst James Seyffart noted these ETFs won’t solely hold spot assets; the DOGE ETF will include other spot DOGE funds, while the XRP product will hold additional assets alongside XRP. This development marks a key milestone for altcoin exposure in U.S. financial markets, giving institutions regulated access to two of crypto’s most-followed tokens.
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