XRP & Dogecoin ETFs Smash Expectations
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Investors poured into the first U.S. exchange-traded funds (ETFs) tracking Dogecoin (DOGE) and XRP on their debut, smashing analystsβ expectations.Bloomberg ETF analyst Eric Balchunas noted that most new ETFs see ~$1M in daily volume β but XRP and Dogecoin ETFs combined for $54.7M on Day One.
The REX-Osprey XRP ETF (XRPR) alone traded $37.7M, setting a record for any 2025 ETF launch, while the Dogecoin ETF (DOJE) ended with $17M, landing it among the top five of over 700 ETF launches this year.
