- REX-Osprey’s Dogecoin and XRP ETFs are set to debut Sept. 18, using a flexible RIC framework.
- The structure allows spot crypto exposure with derivative options, setting it apart from BTC and ETH ETFs.
- With over 90 pending applications, these launches expand crypto ETF access beyond Bitcoin and Ethereum.
Crypto ETF options are about to get a major shake-up. REX-Osprey confirmed that its Dogecoin ETF (DOJE) and XRP ETF (XRPR) will begin trading on Sept. 18, marking a huge milestone for altcoin exposure in regulated markets. Bloomberg ETF analyst Eric Balchunas confirmed DOJE’s debut, while REX Shares verified XRPR’s launch is also scheduled for this week.
Innovative RIC Framework Behind the ETFs
Unlike traditional spot ETFs, these funds use a registered investment company (RIC) structure, which blends spot crypto holdings with flexibility to use derivatives and other ETF investments. According to Bloomberg’s James Seyffart, the setup meets regulatory requirements while allowing operational adaptability. This makes it different from Bitcoin and Ethereum ETFs that rely on C-corporation models, and it could also change how investor returns are taxed and distributed.
From Solana ETF to Altcoin Expansion
REX-Osprey has already proven its adaptability with the Solana ETF (SSK), which first launched as a C-corp before shifting to this new structure. The Dogecoin ETF had initially been expected to debut on Sept. 12 but faced delays, with the mid-week launch now confirmed. Together, these ETFs add diversity to a market still dominated by Bitcoin and Ethereum products.
SEC Scrutiny and What’s Next
The SEC has approved five REX-Osprey ETFs despite structural differences, but launch timing remains tricky. Regulators have recently delayed the start of multi-asset ETFs from Grayscale and Bitwise, reportedly because they are finalizing a broader framework to fast-track crypto ETF approvals. More than 90 ETF filings are waiting for decisions, with October shaping up to be a critical month. For now, though, Dogecoin and XRP are taking the spotlight as the newest additions to the crypto ETF lineup.
