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First U.S. XRP and Dogecoin Spot ETFs Start Trading on Cboe

The launches give mainstream investors brokerage access to the tokens.

Overview

  • REX-Osprey’s XRP fund (XRPR) and Dogecoin fund (DOJE) began trading today on the Cboe BZX Exchange, offering spot exposure through standard brokerage accounts.
  • The XRP ETF employs a hybrid structure that holds spot XRP directly and can invest in foreign spot XRP ETFs, with filings allowing derivatives use if needed, according to Bloomberg’s James Seyffart.
  • CME Group plans to add options on XRP futures starting October 13, pending regulatory review, expanding hedging tools beyond bitcoin and ethereum.
  • Market researchers project first‑year inflows to XRP ETFs ranging from the low billions to as much as about $8 billion, with fees and distribution likely to drive the outcome.
  • Third‑party cloud‑mining platforms, including Mint Miner, GoldenMining, IOTA Miner and SolMining, are marketing fixed‑return contracts to capitalize on ETF interest, though their claims are promotional with limited independent verification.