The first XRP and Dogecoin ETFs are set to debut in the U.S. this week. Who is behind them? Rex Shares and Osprey Funds are launching the products. What will change? The XRP and Dogecoin ETFs offer regulated crypto exposure to retail and institutional investors. When will they list? Expect trading to begin on Thursday. Where will they trade? They will trade on U.S. exchanges via Cayman Islands subsidiaries. Why this matters? The ETFs mark another step toward mainstream acceptance of crypto in the US ETF market. How are they structured? The funds use Cayman subsidiaries and 1940 Act registration to provide compliant exposure.
Product details
Rex Shares and Osprey Funds filed ETFs under the Investment Company Act of 1940. The structure avoids direct custody by routing exposure through Cayman Islands subsidiaries. That can involve derivatives or indirect holdings. The approach mirrors earlier creative ETF structures in the market and follows SEC review. The SEC remains central to approvals and oversight.
Market impact
XRP and Dogecoin ETFs will expand choices for traders and HODLers. A Dogecoin ETF and an XRP ETF offer spot-like exposure without direct wallet management. Some investors may prefer ETFs for tax and custody simplicity. Institutions eyeing crypto exposure could increase inflows into the US ETF market. Past ETF demand helped push Bitcoin ETF inflows and corporate treasury moves; see how inflows shaped markets in U.S. spot Bitcoin etfs inflows hit $2.3B as institutions buy. Product design also recalls staking and yield-focused ETF efforts like the Solana staking play in Sol Strategies Nasdaq listing bets on Solana growth and staking yield.
Regulatory note
The SEC will watch these listings closely. Approval under the 1940 Act brings investor protections. Still, enforcement trends matter for stablecoins and token listings. Market participants should expect continued scrutiny and more ETF filings in October.
Bottom line
XRP and Dogecoin ETFs bring regulated access to two popular tokens. They use Cayman Islands subsidiaries and 1940 Act registration. Rex Shares and Osprey Funds lead the push. Trading starts this week. The SEC will remain the gatekeeper.
Frequently asked questions about XRP and Dogecoin ETFs (faq)
When will the XRP and Dogecoin ETFs list?
Listings are expected this Thursday, with other crypto ETF decisions due in October.
Who runs these ETFs?
Rex Shares and Osprey Funds sponsor the products.
Will the ETFs hold tokens directly?
No. They use Cayman Islands subsidiaries for indirect exposure.
Why use the Investment Company Act of 1940?
Registration aligns the ETFs with U.S. rules and investor protections.
How could this affect prices?
ETFs may boost institutional inflows and retail access, adding demand for XRP and Dogecoin.
