Oh, darlings, gather ’round! Investors swarmed like famished giant bugs to the newest ETFs-those curious money machines tied to Dogecoin and XRP. They didnât just tiptoe; they stormed the gates with nearly $55 million in trades on Day One! Wall Streetâs soothsayers surely spilled their tea all over their crystal balls. Altcoins have never had such a bawdy, blockbuster debut!
The grandest of the grand was the REX-Osprey XRP ETF (ticker: XRPR), who strutted about with a dazzling $37.7 million in trading volume, according to the oracle Bloombergâs ETF wizard, Eric Balchunas. He called it the âbiggest day oneâ for any ETF launched in 2025 – a phrase that sounds like a royal proclamation if you ask me.
$XRPR traded $37.7m on Day One, outshining $IVES for the crown of biggest debut (natural) volume this year. $DOJE wasnât just sitting there twiddling its thumbs either, clocking $17m to crash the ETF party. Thatâs Top 5 out of 710 launches-yes, seven hundred and ten! Woohoo! Soon, weâll be drowning in an onslaught of 33 Act ETFs… joyous chaos awaits! – Eric Balchunas (@EricBalchunas) September 18, 2025
And get this-in less than an hour and a half, XRPR had already danced through $24 million in trades. Thatâs five times the fireworks of any XRP futures ETFâs first day! XRP itself, that sly third-largest crypto, was twiddling its digits at around $3.06, slipping down a mere 1.64% like a polite wallflower at the grand ball.
And Dogecoin? That Silly Little Dog Barked Back!
Meanwhile, the REX-Osprey Dogecoin ETF (ticker: DOJE) did a cheeky jig right past expectations. Our pal Balchunas expected a modest $2.5 million to kick off, but DOJE closed Thursday with a raucous $17 million in trades! It nearly stole the show, landing in the Top 5 ETF debuts of the year. Dogecoin, the meme king of cryptoâs playground, was wagging its tail at about $0.28, down a tiny 1.78%. Big deal for a dog with a bone this big.
Placed the over/under on $DOJE volume at $2.5 million-decent enough, but nothing to write home about. Being a 40 Act fund and not a âbig boy issuerâ might dampen some of the glitter compared to other crypto first-timers. Time will spill the beans. – Eric Balchunas (@EricBalchunas) September 18, 2025
Both these cheeky funds play by the Investment Company Act of 1940âs rules-fancier and stricter than the Bitcoin and Ether ETFsâ old 1933 Act playground. The tougher playground guards might be grumpy, but they slide these ETFs through faster! Neither fund holds crypto directly; they sneak their exposure through offshore trickery and exotic foreign exchange-traded creatures.
The smart cookies say this wild welcome means investors are hungry for crypto ETFs beyond just Bitcoin and Ether. Mr. Balchunas called it a âgood signâ for the stampede of altcoin and staking funds queued up, chomping at the bit.
With the SEC waving its magic wand, approving new rules to speed up ETF launches, expect more cheeky crypto stars to leap into the spotlight alongside XRP and Dogecoin. Hold on to your hats – this circus is just getting started! đŞđ°
Read More
- Brent Oil Forecast
- Silver Rate Forecast
- USD CAD PREDICTION
- EUR USD PREDICTION
- EUR ZAR PREDICTION
- EUR NZD PREDICTION
- RENDER PREDICTION. RENDER cryptocurrency
- Gold Rate Forecast
- EUR JPY PREDICTION
- FIL PREDICTION. FIL cryptocurrency
2025-09-19 07:18