Today's XRP news: Ripple, DOGE ETF debut, REX-Osprey officially listed on September 18.

The encryption ETF market welcomes new members! According to news on September 15, REX-Osprey's DOGE ETF (DOJE) and Ripple (XRP) ETF (XRPR) will officially begin trading on September 18. This means that investors will have direct access to these two popular alts through a U.S. regulated ETF for the first time, providing more diversified options for crypto asset allocation.

Two new ETFs will be launched simultaneously this week

Bloomberg senior ETF analyst Eric Balchunas confirmed that DOGE will be listed for trading on September 18, and pointed out that the listing dates for TRUMP, BONK, and Bitcoin funds have not yet been determined. On the same day, REX Shares also confirmed that XRP will go live this week, further expanding its encryption ETF product line. This marks the first time the U.S. market is seeing ETF products targeting DOGE and XRP, following Bitcoin and Ethereum ETFs.

RIC Framework: A Flexible Solution Between Spot and Derivatives

REX-Osprey adopts a Registered Investment Company (RIC) framework, which is different from the corporate tax structure of traditional spot crypto ETFs. Bloomberg ETF analyst James Seyffart explains that the RIC structure allows the fund to primarily hold spot crypto assets while flexibly using derivatives or other ETF investment tools when needed.

This design complies with investment company regulations while retaining operational flexibility, providing investors with a middle path between pure spot exposure and structural innovation, and differing from Class C companies in terms of tax treatment and return distribution methods.

Solana ETF Experience and Regulatory Background

REX-Osprey previously launched the Solana ETF (SSK) under Company C, and later transitioned to a RIC structure, demonstrating its adaptability in the regulatory environment. The DOGE ETF was originally scheduled to launch on September 12, but has been postponed to the middle of this week due to adjustments.

Currently, the U.S. Securities and Exchange Commission (SEC) has approved five REX-Osprey ETFs and is continuing to review over 90 encryption ETF applications. The final approval deadlines for some altcoin ETFs will arrive in October, and the market anticipates that the first batch of approvals may be announced next month.

Significance and Market Impact

Although the SEC may still delay the launch of some funds in the final stage, the listing of REX-Osprey's DOJE and XRPR has provided investors with diversified encryption asset investment options beyond Bitcoin and Ethereum. This not only helps to expand institutional participation in alts but may also become a new catalyst for driving price volatility of DOGE and XRP.

Conclusion

With the official listing of the DOGE ETF and XRP ETF from REX-Osprey this week, the U.S. encryption ETF market is rapidly diversifying. For investors, this is a new opportunity to access popular alts in a regulated environment; for the market, this could be an important step in pushing altcoins further into mainstream finance.