- XRP and Dogecoin ETFs approved under 1940 Act, signaling regulators warming to crypto funds.
- DOGE ETF launches Thursday, first US memecoin product, while XRP spot ETF arrives Friday.
Two altcoin exchange-traded funds will hit the US market this week, tracking XRP and Dogecoin. With both gaining approval under the Investment Company Act of 1940, analysts see these launches as signs of regulators opening up to more crypto investment products.
The REX-Osprey XRP ETF, trading under ticker XRPR, is scheduled to begin trading on Friday. It will be the first US ETF providing spot exposure to XRP, currently the third-largest cryptocurrency. XRP is trading at $3.02, up 1.36% in the last 24 hours.
REX and Osprey cleared the SEC’s 75-day review, avoiding delays that often impact filings under the Securities Act of 1933. XRP futures ETFs already have close to $1 billion in assets. Nova Dius President Nate Geraci said,
This will be another good litmus test for ‘33 Act spot XRP ETF demand.
First ETF offering spot xrp exposure set to launch this week…
REX-Osprey using clever regulatory end-around via ‘40 Act structure to bring this to market.
Will be another good litmus test for ‘33 Act spot xrp ETF demand.
Futures-based xrp ETFs already nearing $1bil in assets. https://t.co/3wHp2BU4IM
— Nate Geraci (@NateGeraci) September 16, 2025
First Memecoin ETF to Enter US Market
The Dogecoin ETF, DOJE, is expected to launch on Thursday. Bloomberg ETF expert Eric Balchunas confirmed its approval on Monday, calling it the first memecoin ETF in the US. Dogecoin trades at $0.264, down 0.25% in the past 24 hours, with trading activity falling 38.07% to $3.99 billion.
The REX-Osprey team already has experience in alternative ETFs. In July, they launched the Solana staking ETF (SSK), but it has drawn only $274 million in assets and less than $25 million in inflows across five trading days, according to Farside Investors. In late August, they filed for a BNB staking ETF.
At the same time, more than 90 crypto exchange-traded products are awaiting SEC review. Bloomberg’s James Seyffart reported that Canary Capital updated its Litecoin ETF filing, due for a decision in early October. Bitwise submitted a spot Avalanche ETF prospectus on Monday, while VanEck and Grayscale maintain competing filings.
Altcoin ETFs Signal Possible Mega Altseason
The SEC recently delayed decisions on Bitwise’s Dogecoin ETF and Grayscale’s Hedera ETF, setting November 12 as the new deadline. Despite delays, momentum around altcoin ETFs appears strong, building speculation of what some call a “mega altseason.”
Global financial policies may further impact the outlook. The Bank of England decides on rates on September 18, followed by the Bank of Japan on September 19. Analysts at Bull Theory suggested that “the best-case scenario would involve a coordinated global easing strategy,” which could lift Bitcoin beyond $120K, and push inflows into Ethereum funds, boosting broader altcoin markets.
CNF recently provided that on-chain analyst Ali Martinez sees strong upside potential for DOGE as long as it holds above the $0.20 level. His projection points to a possible run toward $0.45. XRP also shows a bullish weekly chart pattern, with resistance at $3.60. Breaking through could open targets at $6, $13, and even $23.

