Launching Today First U.S. Spot DOGE and Spot XRP ETFs: DOJE and XRPR

Written byMarket Radar
Thursday, Sep 18, 2025 9:32 am ET1min read
Aime RobotAime Summary

- REX-Osprey launched DOJE and XRPR, first U.S. ETFs offering spot exposure to Dogecoin and XRP via regulated structures.

- The ETFs aim to bridge crypto-native assets with traditional finance safeguards under the U.S. ’40 Act framework.

- This follows their July 2024 SOL+Staking ETF (SSK), which combined spot Solana exposure with on-chain staking rewards.

- Investors face risks including volatility and regulatory uncertainty, with the issuer urging review of prospectuses before investing.

Crypto access just took another step into mainstream markets. REX-Osprey, the collaboration between

Shares and Osprey Funds, launched two new exchange-traded funds on Cboe today: the REX-Osprey DOGE ETF (DOJE) and the REX-Osprey XRP ETF (XRPR). They are the first U.S.-listed ETFs to offer spot exposure to (DOGE) and , respectively.

What’s launching

DOJE (Cboe: DOJE): The market’s first Dogecoin ETF, designed to provide direct spot exposure to

within a regulated fund wrapper that investors can trade via traditional brokerage accounts.

XRPR (Cboe: XRPR): An ETF providing spot XRP exposure; the fund seeks to hold a majority of its assets directly in XRP, with the remainder in exchange-traded products backed by XRP.

Why it matters

REX-Osprey positions these launches as another milestone in moving crypto-native assets into familiar, regulated ETF structures. The firm highlights the protections and oversight associated with the U.S. ’40 Act ETF regime, aiming to pair crypto access with the safeguards of traditional finance.

Context from the issuer

Today’s debuts follow REX-Osprey’s July 2 launch of the SOL + Staking ETF (SSK), which the firm says was the first U.S.-listed ETF to combine spot

exposure with on-chain staking rewards. REX-Osprey also notes that on Sept. 1, SSK converted to a Regulated Investment Company (RIC) structure while maintaining its spot-plus-staking strategy.

Key considerations

Like any crypto-linked vehicle, DOJE and

come with elevated risks—including price volatility, regulatory uncertainty, liquidity considerations, and operational risks tied to crypto market infrastructure. The issuer emphasizes that investing in either fund is not the same as holding DOGE or XRP directly, and encourages investors to review each fund’s prospectus for objectives, fees, and risks before investing.

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