{"id":147083,"date":"2025-09-19T09:01:10","date_gmt":"2025-09-19T09:01:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/147083\/"},"modified":"2025-09-19T09:01:10","modified_gmt":"2025-09-19T09:01:10","slug":"xrp-and-doge-etfs-smash-records-with-54-7m-combined-day-one-volume","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/147083\/","title":{"rendered":"XRP and DOGE ETFs Smash Records With $54.7M Combined Day-One Volume"},"content":{"rendered":"

Spot exchange-traded funds (ETFs) tied to the payments-focused XRP XRP$3.0349<\/a> and the top meme token, dogecoin DOGE$0.2751<\/a>, debuted in the U.S. on Thursday with a bang, drawing significant trading volume.<\/p>\n

The REX-Osprey XRP ETF, listed on Cboe under the ticker XRPR, registered a trading volume of $37.7 million, marking the largest debut volume of any ETF launch this year, according to data shared by<\/a> Bloomberg senior ETF analyst Eric Balchunas.<\/p>\n

This first-day tally outpaced the previous record holder, Dan Ives\u2019 Wedbush AI Revolution ETF (IVES), signaling strong investor appetite for alternative investment vehicles linked to coins beyond bitcoin BTC$116,951.39<\/a> and ether (ETH).<\/p>\n

XRP\u2019s market capitalization recently surpassed that of traditional banking giant Citigroup. Furthermore, Ripple, the company behind XRP, which facilitates cross-border transactions, has applied for a banking license<\/a> in the U.S.<\/p>\n

Traders also embraced the REX-Osprey Dogecoin ETF, ticker DOJE, which generated a first-day volume of $17 million. This placed DOJE among the top five ETF debuts of the year.<\/p>\n

DOJE\u2019s strong performance is notable given Dogecoin\u2019s reputation as a non-serious memecoin.<\/p>\n

The successful start to these two ETFs follows the Securities and Exchange Commission’s decision to approve a new, streamlined listing standard for crypto ETFs, reducing approval times to about 75 days from 240 days.<\/p>\n

First-day net inflow figures are expected to be released later Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"Spot exchange-traded funds (ETFs) tied to the payments-focused XRP XRP$3.0349 and the top meme token, dogecoin DOGE$0.2751, debuted…\n","protected":false},"author":2,"featured_media":147084,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,39633,67705,49036,59,467,56,54,55,67704],"class_list":["post-147083","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-doge","tag-dogecoin-news","tag-etf","tag-gb","tag-markets","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-xrp"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/147083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=147083"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/147083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/147084"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=147083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=147083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=147083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}