Conventional traders in the US will be capable to achieve publicity to Ripple-linked asset XRP and main meme coin Dogecoin (DOGE) this week through new alternate traded merchandise set to debut from monetary establishments Rex Shares and Osprey Funds.
The companies have registered the funds below the Funding Firm Act of 1940, permitting them to hit the market alongside different crypto ETFs, that are registered like commodity trusts through the Securities Act of 1933. Their itemizing is anticipated on Thursday.
“Traders look to ETFs as buying and selling and entry autos,” Greg King, founder and CEO of REX Monetary advised Decrypt.
“The digital asset revolution is already underway, and to have the ability to provide publicity to identify XRP and different crypto returns inside the protections of the US ’40 Act ETF regime is one thing Rex-Osprey is pleased with and has labored diligently to attain.”
In accordance with the funding submitting, the agency will achieve publicity to identify XRP by “REX-OspreyTM XRP (Cayman) Portfolio S.P.,” a subsidiary registered within the Cayman Islands that’s wholly-owned and managed by the fund. Moreover, the fund might put money into derivatives which can be tied to XRP to offer publicity to traders.
The prospectus signifies an identical course of for its Dogecoin centered ETF, DOJE.
The mannequin for these ETFs differ from current spot Bitcoin and Ethereum spot ETFs as they don’t instantly expose holders to the underlying asset, however as a substitute make investments through the Cayman Islands subsidiary. Bitcoin and Ethereum spot ETFs are backed by reserves of the underlying belongings themselves.
This is not “pure” spot. However it’ll maintain spot instantly and different spot XRP ETFs from around the globe to get its publicity.
The fund paperwork even have language that might enable derivatives utilization for publicity if wanted however that undoubtedly is not the first publicity methodology
— James Seyffart (@JSeyff) September 15, 2025
Rex-Opsrey additionally used the Funding Firm Act of 1940 for its Solana staking ETF which hit the market in June, changing into the primary alternate traded product of its type.
The agency additionally has efficient filings for ETFs for President Donald Trump’s official Solana meme coin—TRUMP—and well-liked Solana token, BONK. Nonetheless, based on Bloomberg ETF analyst Eric Balchunas, there is no such thing as a set date for the beginning of these merchandise.
As of now, the Doge ETF $DOJE is slated for Thursday launch, as is a 40 Act spot XRP ETF $XRPR (which was in the identical prospectus that went efficient, Trump and Bonk additionally in there too, however no phrase on launch date for these but) https://t.co/q20takMsAe
— Eric Balchunas (@EricBalchunas) September 15, 2025
In the meantime, greater than 90 different ETF functions that includes belongings like XRP and Solana, are nonetheless pending approval by the SEC—some with selections looming in October. ETF analysts beforehand advised Decrypt that approvals for Dogecoin, Solana, and XRP ETFs was a “close to lock.”
