{"31ee04ba25bf841156bb336abb5e58dc":"A historic development has occurred in the cryptocurrency market. Spot exchange-traded funds (ETFs) directly tracking the price of Dogecoin (DOGE) and XRP began trading in the US for the first time today.","7e300c78cd0bccb40340f19ad682aae3":"The REX Shares and Osprey Funds jointly launched products include the REX-Osprey XRP ETF (XRPR) and the REX-Osprey DOGE ETF (DOJE). These two funds offer spot-based access to crypto assets, allowing investors to invest directly in DOGE and XRP through exchanges.","830b4c35266a43d074b5e97615584ee4":"Related News: Coinbase Announces Collaboration with This Altcoin, Price Volatility High! ","87632280c87735eab84cb711b5670a7d":"REX-Osprey has chosen to ensure regulatory compliance by registering its ETFs under the Investment Company Act of 1940. The REX-Osprey SOL Staking ETF, which tracks the price of Solana (SOL) and staking rewards, was previously launched with a similar legal structure.","fd5859ae9f140ac076ed603f780c425e":"Trading volumes reached remarkable levels after the launch. Bloomberg analyst Eric Balchunas noted that the DOGE ETF saw approximately $6 million in trading volume in the first hour, while the XRP ETF reached $24 million within 90 minutes. Balchunas noted that these figures surpassed the first-day volumes of previously traded XRP futures ETFs.","b4459a590d75eecd66fd4fccc7fd6bdd":"*This is not investment advice.","d016fafa25b53f8960a745f2a1c1dcda":" Continue Reading: The First Dogecoin (DOGE) and XRP ETFs Have Hit the Market \u2013 Here\u2019s What You Need to Know and a Bloomberg Analyst\u2019s Take"}