đšNEWS IN: $XRP & $DOGE ETFS SMASH RECORDS WITH COMBINED DAY-1 VOL OF $54.7Mđ„đ„đ„
The first U.S. spot ETFs for XRP (XRPR) and Dogecoin (DOJE) launched on Thursday, shattering expectations and signaling robust institutional appetite for altcoins. The REX-Osprey XRP ETF recorded a staggering $37.7 million in day-one volume, marking the largest debut for any ETF launched in 2025 . Its companion, the Dogecoin ETF (DOJE), generated $17 million, placing it among the yearâs top five ETF launches .
This explosive demand underscores growing investor interest in crypto assets beyond Bitcoin and Ethereum. XRPâs recent milestoneâsurpassing Citigroup in market capitalizationâand Rippleâs pursuit of a U.S. banking license further buoyed confidence . Even Dogecoin, often dismissed as a meme coin, demonstrated its institutional appeal .
The successful launches follow the SECâs approval of streamlined listing standards, cutting approval times from 240 days to just 75 . With net inflow figures pending, these ETFs could pave the way for a new wave of crypto investment products.
Source: CoinDesk ; edited by Sheldon Reback
Discl.: NOT financial advice, DYOR.