Tag: Cryptocurrencies

REX Shares and Osprey Funds will launch the XRPR ETF on Thursday, marking the first spot XRP product in the U.S. The ETF uses a Cayman Islands subsidiary and an ETF-of-ETFs model to hold XRP directly while investing in related funds, registered under the Investment Company Act of 1940. This launch follows a similar approach to the firms’ Solana staking ETF and comes amid pending approvals for other altcoin ETFs. Investment...

The first U.S. exchange-traded fund focused solely on Dogecoin is scheduled to launch on September 11 under the ticker DOJE. Issued by Rex Shares and Osprey Funds, the ETF carries a 1.5% management fee and utilizes a 1940 Act structure for expedited approval. Dogecoin has rallied nearly 14% in the past week amid anticipation, achieving a market cap of approximately $36 billion. The cryptocurrency landscape is evolving with...