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- Both the XRPR and DOJE ETFs give mainstream investors an easier way to access XRP and Dogecoin, boosting liquidity and market interest.
- Despite of the ETF milestone, XRP’s price remain to be volatile, showing both big upside potential and near-term risks tied to market sentiment.
The new REX-Osprey XRP ETF (XRPR) and DOGE ETF (DOJE) have officially hit the market, and their first-day performance turned heads across Wall Street. To be precise, the XRPR traded $37.7 million on day one, while DOJE followed with $17 million. Together, the two pulled in more than $55 million in debut volume, making them some of the strongest ETF launches of the year.
Earlier, Crypto News Flash reported that the SEC has acknowledged Grayscale’s filings for Dogecoin and XRP ETFs, starting a formal review process that could lead to approval. In addition to this, Eric Balchunas, Senior ETF Analyst at Bloomberg, highlighted the milestone in a recent post on X.
$XRPR traded $37.7m on Day One, which edges out $IVES for the biggest day one (natural) $ volume of any 2025 launch. $DOJE 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.. pic.twitter.com/JaQP9ekFIq
— Eric Balchunas (@EricBalchunas) September 18, 2025
He further noted that XRPR’s $37.7 million volume edges out $IVES for the biggest natural day-one volume of any 2025 ETF launch. He also added that DOJE wasn’t far behind, ranking in the top five out of 710 launches this year. Balchunas described the outcome as “a good sign for the onslaught of 33 Act ETFs coming soon.”
In addition, this is important because these ETFs give regular investors and institutions a clear, regulated way to get exposure to XRP and Dogecoin. That can add steady, large-scale buying power into the market. More buyers, via ETFs, can mean better liquidity and possibly higher prices if inflows continue.
Implications for Ripple (XRP) Market Price
According to analysts, the ETF launches carry profound implications for XRP’s market price, potentially acting as a sustained demand catalyst amid Ripple’s ongoing push for mainstream adoption. With XRPR’s record volume validating institutional interest, the fund could siphon billions in inflows, tightening supply and pressuring prices upward.
As previously reported by CNF, market analysts project a wide range of bullish outcomes for XRP, climbing to $189 by 2033 or even $1,000 by 2030 under aggressive adoption. As of currently, new analysts are also projecting $5 in the near term and $15 long-term, fueled by October’s wave of additional ETF rulings and Ripple’s fresh partnerships, including a $1.5 trillion tie-up with Franklin Templeton.
As of now, XRP is trading at $1.87 USD, reflecting a 9.84% drop over the past day and 11.69% over the past week—a sign the market is active after the ETF launches. See CoinMarketCap’s XRP page for tick-by-tick updates. See XRP price chart below.
