XRP ETF and Dogecoin ETF will debut this week via Rex‑Osprey spot exchange traded products, giving U.S. investors regulated exposure through Cayman‑registered subsidiaries and limited use of derivatives. The Rex‑Osprey funds are registered under the Investment Company Act of 1940 and are expected to list on Thursday.
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New Rex‑Osprey spot ETPs let U.S. investors access XRP and DOGE under a 40 Act ETF wrapper
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Funds use Cayman‑registered subsidiaries for primary exposure and may use derivatives if necessary.
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Launch expected Thursday; filings cite Investment Company Act of 1940 structure and differ from Bitcoin/Ethereum spot ETFs.
XRP ETF and Dogecoin ETF launch via Rex‑Osprey this week — learn launch details, fund structure, and how U.S. investors can gain exposure to XRP and DOGE.
What are the Rex‑Osprey XRP ETF and Dogecoin ETF launching this week?
XRP ETF and Dogecoin ETF refer to Rex‑Osprey exchange traded products that register under the Investment Company Act of 1940 to provide U.S. investors exposure to spot XRP and Dogecoin. The funds use Cayman Islands subsidiaries for primary exposure and may employ derivatives as a secondary mechanism.
How are the Rex‑Osprey ETFs structured and how do they differ from existing spot crypto ETFs?
The Rex‑Osprey funds are registered under the 40 Act and invest via wholly‑owned Cayman subsidiary vehicles to obtain exposure to spot XRP and DOGE. Unlike many spot Bitcoin and Ethereum ETFs that hold underlying reserves directly, these products acquire exposure through the Cayman subsidiary and may reference holdings of other spot ETFs globally.
Fund prospectuses state that derivatives could be used to supplement exposure if necessary, but the primary exposure path is the Cayman vehicle. SEC filings and prospectus language emphasize regulatory compliance under the Investment Company Act of 1940.
| Fund | Ticker | Structure | Expected Listing |
|---|---|---|---|
| REX‑Osprey XRP (Cayman) Portfolio | XRPR | Cayman subsidiary; 40 Act fund; possible derivatives | Thursday |
| DOJE (Dogecoin focused ETP) | DOJE | Cayman subsidiary; 40 Act fund; possible derivatives | Thursday |
Why does the fund use a Cayman subsidiary instead of holding spot assets directly?
Using a Cayman subsidiary allows the fund vehicle to access spot crypto markets and custodial arrangements that differ from on‑shore custodians, while enabling the parent fund to remain regulated under the Investment Company Act of 1940. This model has been used by other funds to balance compliance, custody, and market access.
What have market commentators and analysts said?
Greg King, founder and CEO of REX Financial, described ETFs as “trading and access vehicles” and said Rex‑Osprey is proud to offer spot XRP exposure within the 40 Act regime. Market commentators noted the structure is not a “pure” spot model but offers direct spot holdings via the subsidiary and supplemental exposure from other spot ETFs.
Plain‑text industry commentary: “This isn’t ‘pure’ spot. But it will hold spot directly and other spot XRP ETFs from around the world to get its exposure,” attributed to James Seyffart (market analyst, Sept 15, 2025). Bloomberg ETF analyst Eric Balchunas noted the DOJE and XRPR launches slated for Thursday and that other Rex‑Osprey filings (TRUMP, BONK) have no set launch dates yet (commentary dated Sept 15, 2025).
Frequently Asked Questions
How can U.S. investors access XRP and Dogecoin via these ETFs?
U.S. investors can buy shares of the Rex‑Osprey ETFs through a brokerage once the funds list. Shares provide regulated market access to XRP and DOGE exposure without direct custody by individual investors.
Are these ETFs backed by physical XRP and DOGE?
The funds primarily obtain exposure via a Cayman subsidiary that may hold spot and related instruments; they differ from some spot ETFs that hold underlying reserves directly on shore.
When will the ETFs begin trading?
Prospectuses indicate an expected listing on Thursday, with filings effective under the Investment Company Act of 1940 and product start dates announced by the issuers.
Key Takeaways
- New access route: Rex‑Osprey launches offer U.S. investors spot XRP and Dogecoin exposure under a 40 Act wrapper.
- Different structure: Exposure via Cayman subsidiaries distinguishes these funds from some spot BTC/ETH ETFs.
- Market context: Dozens of ETF applications remain pending review by the SEC; analysts previously described approvals for DOGE, SOL, and XRP as likely.
Conclusion
The Rex‑Osprey XRP ETF and Dogecoin ETF bring regulated, tradable exposure to XRP and DOGE for U.S. investors this week, using Cayman subsidiary vehicles and the protections of the Investment Company Act of 1940. Investors should review fund prospectuses, understand structural differences from other spot ETFs, and consult advisors before allocating capital.
Published by COINOTAG on 2025-09-15. Sources: SEC filings, firm prospectuses, commentary from industry analysts (James Seyffart, Eric Balchunas), and direct statements from REX Financial (Greg King). All external references presented as plain text.
