REX and Osprey will launch the first U.S. Spot XRP and Dogecoin ETF, expected to go live on September 18.

REX Shares and Osprey Funds announced the launch of two Crypto Assets Spot ETFs on September 18, namely the REX-Osprey XRP ETF (XRPR) and the REX-Osprey Dogecoin ETF (DOJE). This marks the first launch of Spot ETFs linked to Ripple's XRP and Dogecoin in the U.S. market, seen as an important milestone in the field of Crypto Assets investment. This launch not only provides investors with a more Compliance and transparent investment channel but also signifies an increasing acceptance of Crypto Assets ETFs by U.S. regulatory authorities.

REX-Osprey XRP ETF Direct Connection to the Spot Market

The XRPR ETF will primarily hold XRP tokens directly, while at least 40% of its assets will be invested in other ETFs that hold XRP exposure. This dual allocation strategy aims to provide investors with a diversified way to gain XRP exposure while maintaining a core focus on the tokens themselves.

Unlike the previous XRP ETF based on derivatives, XRPR provides Spot exposure, allowing investors to participate directly in XRP price fluctuations without the need for leverage tools. This fund is registered under the Investment Company Act of 1940, ensuring transparency and governance standards, thereby enhancing investor protection.

Compliance Structure and Regulatory Breakthrough

The legal framework adopted by the XRPR ETF differs from previous encryption ETFs, adhering to the regulations of the Investment Company Act of 1940, avoiding conflicts of interest and potential fraud, ensuring transparent operation of the fund. REX and Osprey had previously used the same framework to launch the REX-Osprey Solana Staking ETF, which received positive market feedback.

The adoption of this regulatory framework indicates that the SEC's acceptance of compliant Crypto Assets ETFs is increasing, laying the foundation for more Crypto Assets investment products to enter the market.

Dogecoin ETF is launched simultaneously

Apart from XRP, REX and Osprey will also launch the REX-Osprey Dogecoin ETF (DOJE) on September 18. This fund will adopt an investment structure similar to XRPR, and is expected to hold DOGE Spot and allocate part of its investments to related ETF products. As one of the world's most well-known Crypto Assets, Dogecoin's entry into the traditional market through an ETF may attract more institutional and retail investors.

Crypto Assets ETF Gains Wider Acceptance

Earlier this year, the SEC approved trading applications for Bitcoin and Ethereum Spot ETFs, indicating a positive shift in regulatory attitudes. In the past, multiple XRP Spot ETF applications were rejected, mainly due to concerns over market manipulation and regulatory uncertainty. However, with the gradual easing of policies and rising market demand, the launch of XRP and Dogecoin ETFs is expected to become a new starting point for the industry.

Analysts believe that the launch of these two funds will not only attract traditional investment capital but also further promote the integration of crypto assets with traditional financial markets, expanding mainstream investors' access to digital assets.

Conclusion

The launch of the REX-Osprey XRP ETF and Dogecoin ETF marks a critical step for Crypto Assets in the US ETF market. With the official launch on September 18, these two funds are expected to become a compliant and transparent channel for investors to enter the Crypto market, while also opening the door for the future emergence of more Crypto ETFs. For Crypto users, this means that the opportunity to invest in XRP and DOGE through "Spot encryption ETF investment" is on the horizon.