DOJE & XRPR Launch: Dogecoin ETF and XRP ETF Debut in U.S. Markets

As anticipation built for potential spot crypto ETFs in the U.S., digital asset manager Rex Osprey confirmed the launch of two landmark products: the REX-Osprey DOGE ETF (DOJE) and the REX-Osprey XRP ETF (XRPR). Market participants and commentators including Nate Geraci, President of NovaDius Wealth, highlighted the significance of offering regulated, spot exposure to Dogecoin and XRP within ETF wrappers.

DOJE and XRPR are structured to provide investors familiar ETF access to spot DOGE and spot XRP without direct custody of tokens. These vehicles aim to broaden institutional and retail participation under established ETF trading and custody frameworks.

What is the significance of the Dogecoin ETF and XRP ETF launch?

The Dogecoin ETF and XRP ETF are significant because they allow U.S. investors regulated, exchange-traded access to spot DOGE and XRP, integrating two large market-cap altcoins into mainstream ETF markets and potentially increasing liquidity and price discovery.

How did markets react to DOJE and XRPR?

Markets responded quickly: Dogecoin traded up ~5.12% to $0.28 (intraday high $0.285 on Sept. 18) and extended a weekly gain of ~13%. XRP traded up ~2.79% to $3.11 from a Sept. 15 low of $2.95, moving above the daily 50 SMA. These price moves reflect immediate demand and speculative positioning as ETFs begin trading.

How do these ETFs function and who manages them?

Rex Osprey serves as the fund manager for DOJE and XRPR, holding spot exposures via custodial arrangements designed to align with ETF rules. These ETFs trade on regulated U.S. exchanges and are built to track the spot price of the underlying crypto with fees and operational disclosures specified in their prospectuses. Investors should review official fund documents and consult brokerage platforms for ticker availability and trading details.

Why does Grayscale’s GDLC matter for multi-asset exposure?

Separately, the SEC approved trading for the Grayscale Digital Large Cap Fund (GDLC) under generic listing standards. GDLC is positioned as the first multi-asset crypto ETP to include Bitcoin, Ethereum, XRP, Solana and Cardano. This approval signals regulatory acceptance of diversified crypto ETP products and complements single-asset ETF launches like DOJE and XRPR.

What should investors consider before buying DOJE or XRPR?

• Liquidity and spreads: Monitor ETF bid-ask spreads at market open to assess trading liquidity.

• Expense ratio: Compare fees versus alternative exposure methods (spot custody, trusts, or CF-domiciled ETPs).

• Custody and tracking: Review fund disclosures on custody providers and tracking error metrics.

Frequently Asked Questions

Are DOJE and XRPR the first spot DOGE and spot XRP ETFs in the U.S.?

Yes. DOJE is billed as the first U.S. ETF focused on spot Dogecoin exposure, and XRPR is described as the first U.S. ETF for spot XRP exposure. Both were launched by Rex Osprey and began trading in mid-September 2025.

How did the Dogecoin and XRP prices move after the ETF launches?

Dogecoin rose approximately 5.12% to $0.28 and peaked intraday at $0.285 on Sept. 18; XRP rose roughly 2.79% to $3.11 following the launch, continuing a recovery since Sept. 15 low readings.

Will institutional demand increase for DOGE and XRP now?

Regulated ETF availability typically broadens access for institutional and retail investors, which can increase demand, improve liquidity, and potentially reduce volatility over time, though outcomes depend on market adoption and macro conditions.

Key Takeaways

• First movers: DOJE and XRPR bring spot DOGE and spot XRP to U.S. ETF markets under Rex Osprey.
• Immediate impact: Both tokens saw notable price upticks following launches; Dogecoin +5.12%, XRP +2.79% (as of reporting).
• Wider trend: SEC approval of Grayscale’s GDLC signals growing acceptance of multi-asset crypto ETPs alongside single-asset ETFs.

Conclusion

This launch marks a milestone in crypto market infrastructure, integrating DOGE and XRP into regulated ETF formats and supporting greater market access. Investors should review fund disclosures, monitor liquidity and fees, and consider their risk profile before allocating to DOJE, XRPR or GDLC. For continuing coverage and updates consult COINOTAG’s market pages and fund prospectuses.