{"id":873473,"date":"2025-09-16T21:12:58","date_gmt":"2025-09-17T02:12:58","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/16\/bloomberg-analysts-expect-rex-osprey-xrp-and-doge-etfs-to-begin-trading-this-thursday\/"},"modified":"2025-09-16T21:12:58","modified_gmt":"2025-09-17T02:12:58","slug":"bloomberg-analysts-expect-rex-osprey-xrp-and-doge-etfs-to-begin-trading-this-thursday","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/16\/bloomberg-analysts-expect-rex-osprey-xrp-and-doge-etfs-to-begin-trading-this-thursday\/","title":{"rendered":"Bloomberg Analysts Expect REX-Osprey XRP and Doge ETFs to Begin Trading This Thursday"},"content":{"rendered":"
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Crypto Journalist<\/p>\n

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Anas Hassan<\/p>\n

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Crypto Journalist<\/p>\n

\n Anas Hassan <\/span>\n <\/p>\n<\/p><\/div>\n

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About Author<\/p>\n

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n

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Last updated:\u00a0<\/p>\n

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Bloomberg ETF analysts Eric Balchunas and James Seyffart expect REX-Osprey\u2019s XRP<\/a><\/strong> and Doge<\/a><\/strong> ETFs to launch Thursday, marking the first U.S. spot exposure to these cryptocurrencies through regulated investment vehicles.<\/p>\n

The XRP ETF will trade under ticker $XRPR while the Dogecoin fund uses symbol $DOJE, both utilizing the faster 40 Act structure that bypasses traditional SEC approval delays.<\/p>\n

REX-Osprey confirmed<\/a> the XRP ETF launch through social media, positioning $XRPR as the first U.S. fund delivering spot exposure to the third-largest cryptocurrency by market capitalization. <\/p>\n

The effective prospectus includes Trump and Bonk token ETFs, though launch dates for those products remain unannounced.<\/p>\n

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As of now, the Doge ETF $DOJE<\/a> is slated for Thursday launch, as is a 40 Act spot XRP ETF $XRPR<\/a> (which was in the same prospectus that went effective, Trump and Bonk also in there too, but no word on launch date for those yet) https:\/\/t.co\/q20takMsAe<\/a><\/p>\n

\u2014 Eric Balchunas (@EricBalchunas) September 15, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

The launches occur as 92 crypto ETF applications await SEC review<\/a>, with most facing October deadlines for Solana, XRP, and Litecoin products. <\/p>\n

40 Act Structure Enables Rapid Market Entry, Bypassing SEC Bottlenecks<\/span><\/h2>\n

Rex-Osprey\u2019s strategy utilizes Investment Company Act of 1940 structures<\/a> that avoid the Form S-1 and 19b-4 filing requirements faced by traditional spot crypto ETFs. <\/p>\n

ETF Store President Nate Geraci previously described<\/a> this approach as a \u201cregulatory end-around\u201d that eliminates typical approval delays.<\/p>\n

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REX Shares w\/ the regulatory end-around\u2026<\/p>\n

Looks like two crypto ETF launches are imminent.<\/p>\n

REX-Osprey ETH + Staking ETF and REX-Osprey SOL + Staking ETF.<\/p>\n

’40 Act funds taxed as C-Corp (so double taxation).<\/p>\n

Both ETFs seek to stake at least 50% of underlying crypto asset. https:\/\/t.co\/4JyczUeSpG<\/a><\/p>\n<\/div>\n

\u2014 Nate Geraci (@NateGeraci) May 30, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

The same structure enabled REX\u2019s successful launch of the Solana staking ETF<\/a> earlier this year. <\/p>\n

Unlike traditional ETF applications requiring extensive SEC review periods, 40 Act funds can reach markets through effective prospectus filings.<\/p>\n

While REX got its own approval, seven major asset managers filed updated XRP ETF<\/a> amendments on August 23, including Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares, and WisdomTree. <\/p>\n

Bloomberg analysts attributed the coordinated filings to SEC feedback, calling the simultaneous submissions \u201chighly notable\u201d and \u201ca very good sign\u201d for eventual approval prospects.<\/p>\n

The amendments adjusted fund structures to allow XRP or cash creations alongside both cash and in-kind redemptions rather than strictly cash-based mechanisms. <\/p>\n

However, BlackRock notably avoided joining the XRP race despite launching the first spot Bitcoin and Ethereum ETFs.<\/p>\n

REX-Osprey expanded its crypto ETF portfolio beyond Solana products, filing for BNB staking ETFs<\/a> in August and MOVE token exposure<\/a> in March. <\/p>\n

The firm\u2019s aggressive alternative asset strategy put it as a leader among those chasing unique assets beyond Bitcoin and Ethereum.<\/p>\n

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Similarly, Grayscale is pursuing trust-to-ETF conversions for Litecoin, Solana, Dogecoin, XRP, and Avalanche while maintaining separate applications for Ethereum staking products. <\/p>\n

The company revealed<\/a> the \u201cGDOG\u201d ticker for its Dogecoin ETF planned for NYSE Arca listing.<\/p>\n

Institutional Momentum Builds Despite SEC Delays and Generic Listing Uncertainty<\/span><\/h2>\n

Earlier this month, the SEC extended Franklin Templeton\u2019s Solana and XRP ETF decisions<\/a> to November 14, using the maximum 60-day extension authority before final rulings. <\/p>\n

At the same time, BlackRock\u2019s Ethereum staking<\/a> amendment was also postponed to October 30, adding complexity to institutional adoption timelines.<\/p>\n

Bloomberg analyst Eric Balchunas attributes systematic delays to SEC coordination with generic listing standards requested by Cboe and NYSE in July. <\/p>\n

Institutions have proposed amendments that would allow for the automatic listing of crypto ETFs without requiring case-by-case regulatory review, potentially triggering simultaneous product launches.<\/p>\n

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Current guidelines require separate proposed rule changes for each application, creating 240-day review processes that generic standards would eliminate. <\/p>\n

Balchunas expects a \u201cflood of ETFs probably in a couple months<\/em>\u201d following anticipated October approval of streamlined procedures.<\/p>\n

As of September 15, institutional demand continues building with Bitcoin ETFs recording $260 million in net inflows yesterday, marking their 6th consecutive day of inflows, while Ethereum products attracted $360 million, according to SosoValue<\/a>. <\/p>\n

BlackRock\u2019s ETHA led Ethereum inflows at $45.4 million, as the world\u2019s largest asset manager pushes for the integration of staking functionality.<\/p>\n

As it stands now, prediction markets assign 96% approval probability for XRP ETFs, climbing from 64% in August as institutional confidence builds around regulatory clarity following the SEC dropping the Ripple lawsuit.<\/p>\n

\"Bloomberg
Source: Polymarket<\/a><\/figcaption><\/figure>\n

Similarly, other Dogecoin funds maintain 96% approval odds on Polymarket, more than doubling from 44% in June, despite the token\u2019s origins as a meme coin and its cultural positioning.<\/p>\n

\"Bloomberg
Source: Polymarket<\/a><\/figcaption><\/figure>\n

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Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Last updated:\u00a0 September 16, 2025 Bloomberg ETF analysts Eric Balchunas and James Seyffart expect REX-Osprey\u2019s XRP and Doge ETFs to launch Thursday<\/p>\n","protected":false},"author":1,"featured_media":873474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27770,963],"tags":[],"class_list":{"0":"post-873473","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-analysts","8":"category-bloomberg"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/873473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=873473"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/873473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/873474"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=873473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=873473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=873473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}