Share this article

ETFs Offering Exposure to XRP, DOGE Debut in U.S.

Products tracking the two tokens offered by Rex Shares and Osprey Funds listed on the Cboe exchange under the tickers DOJE and XRPR

Sep 18, 2025, 4:22 p.m.
XRP glitch (CoinDesk)
The first exchange-traded funds (ETFs) offering exposure to XRP and DOGE commenced trading in the U.S. on Thursday. (CoinDesk)

What to know:

  • The first exchange-traded funds (ETFs) offering exposure to XRP and dogecoin (DOGE) started trading in the U.S. on Thursday.
  • Cboe-listed products from Rex Shares and Osprey Funds started trading under the tickers XRPR and DOJE.
  • Neither are "pure" spot ETFs as there is more to them than solely buying and holding the underlying asset.

The first exchange-traded funds (ETFs) offering exposure to XRP and started trading in the U.S. on Thursday.

Products offered by Rex Shares and Osprey Funds listed on the Cboe BZX exchange under the tickers DOJE and XRPR and follow Rex-Osprey Solana ETF, which debuted in July. DOJE was recently trading at $26.90 and XRPR at $25.73.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

DOJE will differ slightly from similar products for the other tokens, however, in that it will not hold DOGE directly. Instead, it will use a Cayman Islands-based subsidiary to gain exposure through futures and other derivatives.

While XRPR is structured to hold XRP directly, it will also invest in spot ETFs from outside the U.S. to achieve exposure, Bloomberg Intelligence analyst James Seyffart wrote on X.

XRP, the native token of the financial institutional payments-focused network XRP Ledger, and memecoin DOGE are the third-largest and eighth largest crypto tokens by market cap, according to CoinDesk data.

Spot crypto ETFs debuted in the US. in January 2024 after many years of rejections and delays by Securities and Exchange Commission (SEC). Bitcoin funds were approved first, followed a few months later by ETFs offering spot exposure to ether .

Buying shares of ETFs offers exposure to assets without having to take ownership of the underlying asset themselves. As such, crypto ETFs offer a means of direct exposure to cryptocurrencies without having to worry about storage, custody and so on, making them a more practical and secure means of investment for deep-pocketed institutional investors.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research

(Unsplash)

K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.

What to know:

  • K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
  • The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
  • With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.