Altcoin ETF Era Expands as XRP and Dogecoin Funds Get Green Light

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The first US spot ETFs for XRP and Dogecoin are set to debut this week, signaling regulators’ growing acceptance of diverse crypto investment products. The REX-Osprey XRP ETF (XRPR) will provide direct exposure to the world’s third-largest cryptocurrency and is expected to start trading Friday.

The launches utilize a different regulatory framework (the 1940 Act) than the one used for Bitcoin ETFs, allowing for an automatic effective date.

This development, coming on the heels of successful futures-based XRP funds, is seen as a critical litmus test for mainstream investor appetite for altcoin exposure through traditional brokerage accounts.