SEC approves first XRP and Dogecoin ETFs in the U.S.

REX-Osprey has obtained approval from the U.S. Securities and Exchange Commission (SEC) to launch the first ETFs based on XRP and Dogecoin. The products are scheduled to be listed this week under the Investment Company Act of 1940, which allows automatic launch 75 days after filing unless the SEC raises objections.

The XRP ETF will trade under the ticker XRPR and provide direct exposure to the third-largest cryptocurrency by market capitalization. In parallel, the Dogecoin ETF, trading under the ticker DOJE, will become the first U.S. fund linked to a memecoin.

This launch comes amid growing interest in financial products tied to digital assets. According to analysts, futures-based XRP ETFs are nearing $1 billion in assets, indicating strong demand.

REX-Osprey previously launched a Solana staking ETF and filed for a fund dedicated to BNB. More than 90 crypto exchange-traded products are currently awaiting SEC approval, including proposals for Litecoin and Avalanche.