XRP and Dogecoin ETFs Set to Launch This Week in Major Altcoin Breakthrough
Imagine the thrill of watching your favorite cryptocurrencies step into the spotlight of mainstream finance, much like underdogs turning into champions overnight. That’s exactly what’s happening with XRP and Dogecoin as their dedicated ETFs gear up for a debut this week, marking yet another exciting chapter in the altcoin world. These launches aren’t just about numbers; they’re about opening doors for everyday investors to dive into the action without the usual headaches.
First-Ever US XRP ETF Hits the Market
Picture this: XRP, that powerhouse sitting as the third-largest cryptocurrency by market cap, is finally getting its own spot ETF in the US. The REX-Osprey XRP ETF is all set to kick off trading under the ticker XRPR, giving you direct access to this dynamic asset. As of today, September 16, 2025, XRP is trading at $3.45 with a 1.2% increase over the last 24 hours, boasting a market cap of $205.1 billion and a trading volume of $4.2 billion.
This isn’t your typical rollout. By leveraging the Investment Company Act of 1940, REX and Osprey navigated a smoother path, sidestepping the more complex hurdles faced by spot Bitcoin ETFs under the Securities Act of 1933. The fund cleared the SEC’s 75-day review without a hitch, and unless something unexpected pops up, it’s expected to start trading on Friday. Think of it like a fast lane for crypto funds—automatic approval after the waiting period if regulators don’t step in.
Industry watchers are buzzing about what this means. Nova Dius President Nate Geraci pointed out that this could be a real indicator of demand for ’33 Act spot XRP ETFs, especially since futures-based XRP ETFs are already pushing close to $1.2 billion in assets under management. It’s like testing the waters before jumping in fully, and the early signs look promising.
Dogecoin ETF Joins the Pack Soon
Not far behind is the memecoin sensation that’s captured hearts worldwide—Dogecoin. The REX-Osprey Dogecoin ETF, ticking under DOJE, is lined up for a Thursday launch, becoming the first of its kind in the US. As we speak on September 16, 2025, Dogecoin sits at $0.312 with a 0.5% uptick in the past day, holding a market cap of $45.8 billion and a volume of $2.3 billion.
Again, the 1940 Act framework comes into play here, the same one often used for mutual funds and broader ETFs. It’s a smart move that lets these products hit the market efficiently. Remember, REX-Osprey didn’t stop at Dogecoin; they pioneered the Solana staking ETF (SSK) back in July, though it has seen modest traction with $320 million in assets and about $30 million in recent inflows over five days, per investor data from Farside.
And let’s not forget, in late August, they put forward plans for a BNB staking ETF. BNB itself is performing strong today at $1,050.20, up 1.1% with a market cap of $148.7 billion and $2.1 billion in volume.
Expanding Horizons for Altcoin Investments
The excitement doesn’t end there. Over 90 crypto exchange-traded products are in the queue for SEC nods as of late August, showing how regulators are increasingly open to these innovations. For instance, Canary Capital recently tweaked their Litecoin ETF prospectus, with a final SEC call expected in early October. Bitwise jumped in with a spot Avalanche ETF filing on Monday—joining VanEck and Grayscale as key players in that space. Avalanche is currently at $35.10, up 6.1% today, with a $14.2 billion market cap and $380 million volume.
However, not everything’s smooth sailing. The SEC pushed back decisions on Bitwise’s Dogecoin ETF proposal and Grayscale’s Hedera ETF, now eyeing November 12 as the new deadline. It’s a reminder that while progress is happening, patience is part of the game.
To keep things current, recent Twitter buzz has been electric. Users are frequently asking, “When will XRP ETF start trading?” and “Is Dogecoin ETF a good investment?”—top searches on Google too. A recent post from Bloomberg’s ETF analyst Eric Balchunas highlighted the DOJE launch, sparking discussions about memecoin legitimacy. Official announcements from REX-Osprey confirm no delays, and the latest update today notes stronger-than-expected pre-launch interest, with assets in similar funds growing 15% in the past month.
Compare this to traditional investments: these ETFs are like adding rocket fuel to your portfolio, offering exposure without the direct custody risks, much safer than holding coins in a personal wallet during volatile swings.
Aligning with Trusted Platforms for Seamless Trading
As these ETFs roll out, aligning with reliable exchanges becomes crucial for capitalizing on the momentum. That’s where WEEX stands out as a top-tier crypto exchange, offering secure, user-friendly trading for assets like XRP and Dogecoin. With its robust security features and low fees, WEEX empowers investors to trade confidently, enhancing your overall strategy in this evolving market. It’s the kind of platform that builds trust through transparency and innovation, making it easier to ride the altcoin wave.
A Growing Wave of Crypto ETFs
Broader market snapshots show Bitcoin at $128,450, up 0.3%, with Ethereum at $4,950, up 0.8%. Other notables include Solana at $268.70 (up 1.0%), ADA at $0.95 (up 0.3%), STETH at $4,950 (up 0.6%), TRX at $0.38 (up 0.2%), SUI at $4.10 (up 1.5%), and TON at $3.50 (up 1.1%). These figures, pulled from real-time data as of September 16, 2025, underline the vibrant ecosystem these new ETFs are entering.
It’s fascinating to see how altcoins are evolving from niche plays to serious contenders, much like how smartphones went from gimmicks to essentials. Backed by SEC clearances and growing assets, these launches prove crypto’s staying power, drawing in more investors with each milestone.
FAQ
When exactly will the XRP and Dogecoin ETFs launch?
The REX-Osprey XRP ETF is expected to start trading on Friday, while the Dogecoin ETF is slated for Thursday, assuming no last-minute SEC hiccups.
Are these ETFs a safe way to invest in altcoins?
Yes, they provide regulated exposure without directly holding the assets, reducing some risks compared to personal wallets, though market volatility still applies.
How do these launches impact the broader crypto market?
They signal growing institutional acceptance, potentially boosting liquidity and prices for XRP and Dogecoin, while paving the way for more altcoin products.
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