Dogecoin and XRP spot ETFs debut with ‘shockingly solid’ $30m volume out the gate

Analysts were expecting a lukewarm debut for the first US spot Dogecoin and XRP exchange-traded funds, but traders piled in anyway to send volumes soaring. Within the first hours of Thursday’s session, the REX-Osprey XRP ETF, with the ticker XRPR, had already surpassed $24 million in trading volume. “That is way more than I would have thought,” wrote Bloomberg Intelligence analyst Eric Balchunas on X. “For context that’s five times more than any of the XRP futures ETFs did on day one and it’s only been 9 ...