The XRP ETF and Dogecoin ETF launched by Rex Shares and Osprey Funds drew roughly $38M and $17M in first-day inflows, signalling strong investor demand for altcoin ETFs after BTC and ETH launches. The results suggest growing appetite for regulated crypto exposure under new SEC listing standards.
-
XRP ETF led with ~$38M on debut, Dogecoin ETF posted ~$17M.
-
These launches reflect pent-up demand for regulated altcoin investment products.
-
The SEC’s new generic listing standards and >90 altcoin fund applications point to a broader ETF pipeline.
XRP ETF posts ~$38M day-one inflows; Dogecoin ETF adds ~$17M — track altcoin ETF momentum and market impacts. Read on for details.
What happened in the XRP ETF and Dogecoin ETF debut?
The XRP ETF and Dogecoin ETF each opened trading with stronger-than-expected inflows, with the XRP ETF drawing close to $38 million and the Dogecoin ETF about $17 million on day one. The launches demonstrate investor demand for regulated altcoin exposure following successful BTC and ETH ETFs.
How large were the inflows and why do they matter?
Rex Shares and Osprey Funds saw immediate investor interest. The XRP ETF’s roughly $38 million first-day inflow is the largest ETF launch day for 2025 so far. The Dogecoin ETF’s ~$17 million debut places it among the top single-day launches this year.
These figures matter because BTC and ETH ETFs previously mobilized roughly $57 billion and $14 billion respectively, showing how quickly regulated crypto investment products can attract capital once approved.
Why did investors queue for altcoin ETF exposure?
Investor appetite for regulated altcoin access and precedent from BTC/ETH ETF success drove demand. Market participants who waited for regulated vehicles were able to access XRP and Dogecoin through funds structured under the Investment Company Act of 1940.
Regulatory adjustments — including newly signed generic listing standards for commodity-based trusts — have lowered structural barriers and encouraged issuers to file for more altcoin funds.
What were market price moves after the launches?
Market data providers reported short-term price pressure: XRP traded near $3.01 after a ~3% decline over 24 hours, while Dogecoin hovered around $0.27 after a ~6% drop. These intraday moves followed initial ETF flows and broader market volatility.
How are the Rex-Osprey funds structured?
The XRP and DOGE ETFs use Cayman Islands subsidiaries wholly owned by the funds to offer token exposure. The issuers launched via the Investment Company Act of 1940 rather than the Securities Act of 1933, aligning them with investment-company regulatory regimes and offering a familiar wrapper for institutional and retail investors.
What do analysts say?
Bloomberg senior ETF analyst Eric Balchunas observed that the debut inflows are a “good sign” for the wave of altcoin ETF applications awaiting approval. His commentary highlights expectations that more 33 Act ETF filings may reach markets if early launches sustain momentum.
“$XRPR traded $37.7m on Day One, which edges out $IVES for the biggest day one (natural) $ volume of any 2025 launch. $DOJE is no slouch at $17m, which would be Top 5 for year.. out of 710 launches. Good sign for the onslaught of 33 Act ETFs coming soon..” — Eric Balchunas (Bloomberg)
When could more altcoin ETFs follow?
Timing depends on SEC approvals and whether issuers secure compliant listing and custody arrangements. The SEC has received more than 90 altcoin-related ETF applications and recently adjusted listing rules, which could speed additional launches if regulatory scrutiny remains steady.
Frequently Asked Questions
Question: How can investors consider altcoin ETFs?
Investors should evaluate fund structure, custody arrangements, fees, and how token exposure is obtained. Use diversified position sizing and consult regulated financial advice where appropriate.
Key Takeaways
- Strong debut demand: XRP ETF pulled ~ $38M, Dogecoin ETF ~ $17M on day one.
- Regulatory backdrop: New SEC listing standards and numerous pending applications could accelerate more altcoin ETFs.
- Market impact: Short-term token price moves followed the launches; long-term flows will test sustained investor interest.
Conclusion
The Rex Shares and Osprey Funds XRP and Dogecoin ETFs posted robust first-day inflows, confirming investor demand for regulated altcoin vehicles. With SEC listing changes and a large pipeline of applications, expect continued attention on altcoin ETFs as issuers refine structures and investors seek compliant exposure to digital assets. For ongoing coverage, follow COINOTAG’s reporting and data analyses.
Published: 2025-09-18 · Updated: 2025-09-18 · Author: COINOTAG
