XRPR Posts $37.7 Million On Day One
REX-Osprey has launched two new U.S. trade traded funds that give traders direct, regulated publicity to main meme and funds tokens. The funds are the REX-Osprey XRP ETF (ticker: XRPR) and the REX-Osprey DOGE ETF (ticker: DOJE).
Robust first-day buying and selling
XRPR drew heavy buying and selling on its first day. Bloomberg ETF analyst Eric Balchunas reported that XRPR traded about $37.7 million on day one. That whole makes XRPR one of many largest single-day debuts amongst 2025 ETF launches. DOJE additionally noticed stable curiosity and traded roughly $17 million on day one.
These opening volumes provide an early signal of demand.
What the funds do
Each XRPR and DOJE maintain the underlying tokens on behalf of shareholders. Meaning traders can achieve value publicity to XRP and Dogecoin from their common brokerage accounts with out opening accounts on crypto exchanges or dealing with wallets. The construction appeals to conventional traders preferring acquainted, regulated merchandise.
REX-Osprey is similar crew behind SSK, a U.S. ETF that mixes spot Solana publicity with potential on-chain staking rewards. The agency positions these new launches as a part of a broader push to deliver mainstream traders regulated entry to well-known digital belongings.
Broader market context
The XRP and Dogecoin ETF launches come amid a flurry of crypto and institutional exercise. Ripple has been rolling out partnerships and tokenization initiatives with banks and asset managers. Individually, monetary corporations in different markets have launched packages that provide crypto incentives and simpler transfers, growing retail consciousness and adoption in some areas.
What to observe subsequent
• Web inflows and belongings beneath administration. Day-one quantity is simply a gap snapshot. Sustained inflows will decide the funds’ lasting impression.
• Buying and selling liquidity and spreads. Watch how simply traders can commerce the ETFs and the way tight the bid ask spreads stay.
• Regulatory and product pipeline. Extra 33 Act ETFs might observe. Regulators and exchanges will play a key position in how briskly that occurs.
