{"id":59711,"date":"2025-09-19T10:48:39","date_gmt":"2025-09-19T10:48:39","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/dogecoin-and-xrp-etfs-draw-massive-volume-on-first-day-of-trading\/"},"modified":"2025-09-19T10:48:39","modified_gmt":"2025-09-19T10:48:39","slug":"dogecoin-and-xrp-etfs-draw-massive-volume-on-first-day-of-trading","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/dogecoin-and-xrp-etfs-draw-massive-volume-on-first-day-of-trading\/","title":{"rendered":"Dogecoin and XRP ETFs draw massive volume on first day of trading"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/08\/Cash-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/08\/Cash-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/08\/Cash-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/08\/Cash-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul data-start=\"368\" data-end=\"575\">&#13;<\/p>\n<li data-start=\"368\" data-end=\"438\">&#13;\n<p data-start=\"370\" data-end=\"438\">New US ETFs for Dogecoin and XRP debut with $54.7M trading volume.<\/p>\n<p>&#13;\n<\/li>\n<p>&#13;<\/p>\n<li data-start=\"368\" data-end=\"438\">&#13;\n<p data-start=\"370\" data-end=\"438\">XRP ETF leads with $37.7M, biggest day-one of any 2025 ETF launch.<\/p>\n<p>&#13;\n<\/li>\n<p>&#13;<\/p>\n<li data-start=\"510\" data-end=\"575\">&#13;\n<p data-start=\"512\" data-end=\"575\">Dogecoin ETF hits $17M, far above initial forecasts of $2.5M.<\/p>\n<p>&#13;\n<\/li>\n<p>&#13;\n<\/ul>\n<p>The first US-listed exchange-traded funds tied to Dogecoin and XRP debuted Thursday with far heavier demand than expected, posting a combined $54.7 million in trading volume.<\/p>\n<p>Bloomberg ETF analyst Eric Balchunas noted that most new ETFs average about $1 million in first-day activity.<\/p>\n<p>\u201cNo slouch,\u201d he wrote on X, calling the funds\u2019 debut \u201ca good sign for the onslaught\u201d of pending crypto ETFs awaiting regulatory approval.<\/p>\n<p>Issuers have submitted multiple applications for crypto ETFs, including those linked to speculative altcoins and products incorporating mechanisms such as staking.<\/p>\n<h2 class=\"wp-block-heading\">XRP ETF posts record opening<\/h2>\n<p>The REX-Osprey XRP ETF (XRPR) saw $37.7 million in volume, according to Cboe data, marking the biggest first day for any ETF launch in 2025.<\/p>\n<p>Within its first 90 minutes of trading, XRPR had already taken in $24 million.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24XRPR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRPR<\/a> traded $37.7m on Day One, which edges out <a href=\"https:\/\/twitter.com\/search?q=%24IVES&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$IVES<\/a> for the biggest day one (natural) $ volume of any 2025 launch. <a href=\"https:\/\/twitter.com\/search?q=%24DOJE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOJE<\/a> is no slouch at $17m, which would be Top 5 for year.. out of 710 launches. Good sign for the onslaught of 33 Act ETFs coming soon.. <a href=\"https:\/\/t.co\/JaQP9ekFIq\">pic.twitter.com\/JaQP9ekFIq<\/a><\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1968794374285725826?ref_src=twsrc%5Etfw\">September 18, 2025<\/a><\/p><\/blockquote>\n<p>\u201cThat is way more than I would have thought,\u201d Balchunas said, noting it was five times higher than the debut volume of XRP futures ETFs.<\/p>\n<h2 class=\"wp-block-heading\">Dogecoin ETF beats forecasts<\/h2>\n<p>The REX-Osprey DOGE ETF (DOJE) also surprised, finishing the session with $17 million in trades.<\/p>\n<p>Balchunas had initially expected only $2.5 million in volume, a level he said would have been \u201crespectable but nothing too special.\u201d<\/p>\n<p>Instead, DOJE\u2019s performance put it among the top five ETF debuts of more than 700 launches this year.<\/p>\n<h2 class=\"wp-block-heading\">Regulatory structure and outlook<\/h2>\n<p>Both funds were launched under the Investment Company Act of 1940, rather than the Securities Act of 1933, used by last year\u2019s Bitcoin and Ether ETFs.<\/p>\n<p>The \u201c40 Act\u201d framework allows for faster approval \u2014 75 days compared to 240 \u2014 but imposes restrictions on holdings.<\/p>\n<p>XRPR and DOJE do not directly own crypto.<\/p>\n<p>Instead, they invest in a Cayman Islands subsidiary that holds digital assets, along with stakes in European and Canadian exchange-traded products that track the coins\u2019 prices.<\/p>\n<p>The strong start comes as issuers await approval for dozens of other crypto ETFs, including altcoin-focused products and funds tied to staking.<\/p>\n<p>The Securities and Exchange Commission this week approved new ETF listing standards that could accelerate the pipeline.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/dogecoin-and-xrp-etfs-draw-massive-volume-on-first-day-of-trading\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) &#13; &#13; New US ETFs for Dogecoin and XRP debut with $54.7M trading volume. &#13; &#13; &#13; XRP ETF leads with $37.7M, biggest day-one of any 2025 ETF launch. &#13; &#13; &#13; Dogecoin ETF hits $17M, far above initial forecasts of [&hellip;]<\/p>\n","protected":false},"author":3947362387,"featured_media":59712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59711"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362387"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=59711"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/59712"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=59711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=59711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=59711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}