- XRP (XRPR) and Dogecoin (DOJE) ETFs have officially launched on Cboe, managed by Rex Shares and Osprey Funds.
- DOJE gains exposure through futures and derivatives, while XRPR directly holds XRP with additional spot ETF exposure.
- This debut signals growing institutional demand for altcoins beyond BTC and ETH.
Big news just hit the markets—U.S. investors now have access to the very first exchange-traded funds (ETFs) tracking Ripple’s XRP and Dogecoin. The products, launched Thursday by Rex Shares and Osprey Funds, are trading on the Cboe BZX exchange under the tickers XRPR and DOJE. This marks a big milestone for both assets, as they join Bitcoin and Ethereum in the growing roster of ETFs that offer direct crypto exposure.
At launch, DOJE was priced around $26.90 and XRPR near $25.73. These products follow the Rex-Osprey Solana ETF, which rolled out back in July, signaling Rex’s push to dominate the altcoin ETF scene.
How the New XRP and DOGE ETFs Work
There’s a catch with these funds—they aren’t structured exactly the same. DOJE, for example, won’t hold Dogecoin directly. Instead, it uses a Cayman Islands-based subsidiary to get exposure through futures contracts and derivatives. It’s a slightly more complex setup, but still gives investors regulated access to DOGE’s upside.
XRPR, on the other hand, is designed to hold XRP directly while also tapping into spot ETFs from outside the U.S. to expand its exposure. Bloomberg analyst James Seyffart noted that this hybrid structure is aimed at balancing liquidity and compliance while still tracking XRP’s performance closely.
Why This Launch Matters
XRP and DOGE are no small tokens—XRP ranks as the third-largest crypto by market cap, while Dogecoin sits at number eight. Their arrival on U.S. exchanges through ETFs represents a huge step forward for mainstream adoption.
Spot crypto ETFs only made it to the U.S. in early 2024 after years of SEC pushback, starting with Bitcoin, then Ethereum. By offering exposure without the hassle of self-custody or managing wallets, these ETFs open the door for institutional investors who prefer traditional finance rails but still want crypto upside.
For XRP, which has been riding ETF speculation for months, this launch could serve as a new catalyst. And for DOGE, the move cements its place beyond meme status—bringing it into the same conversation as Bitcoin, Ethereum, and now XRP in institutional portfolios.
