How These ETFs Work XRPR and DOJE

[lingriiddd]

XRPR and DOJE don’t hold crypto directly. Instead, they invest in Cayman Islands subsidiaries and foreign ETFs that track XRP and DOGE prices.

This “40 Act” structure gives faster approval (75 days vs. 240 days under the 33 Act) but comes with some limits on holdings.

With many other crypto ETFs awaiting approval and the SEC updating listing standards, this could signal a new wave of crypto-related funds hitting the market soon.

[Rimon Khan]

Interesting setup 40 Act route means faster approval but with holding limits ️

[Nahid Hossen]

XRPR & DOJE using Cayman subs + foreign ETFs Clever workaround to track prices