XRP and DOGE ETFs Push $500 Million Milestone for U.S. Investment Fund

Amid the rising buzz surrounding crypto ETFs, REX-Osprey. the main U.S. investment fund to originate XRP and DOGE ETFs, has infamous a significant milestone, in accordance with its contemporary X post.

Following its announcement, the U.S.-primarily based mostly ETF issuer revealed that its suite of replace-traded funds (ETFs) has surpassed a enormous $500 million in blended belongings under administration (AUM), due to the sizzling originate of its Dogecoin and XRP ETFs.

The achievement marks a huge milestone for the firm, coming merely months after REX-Osprey debuted its flagship ETF, $SSK, the main U.S. Solana staking ETF. Quickly after, the firm expanded its choices with three further merchandise tied to XRP, Dogecoin, and Ethereum.

Speculators expose that the fund has persisted to describe solid each day inflows, largely pushed by test for the XRP and DOGE ETFs, which bag collectively pushed its AUM volume to $500 million.

Supreme last month, REX-Osprey added $XRPR, the main U.S. attach DOGE ETF, and $ESK—the main U.S. ETH staking-focused ETF, expanding its lineup of crypto investment merchandise.

Particularly, these loads of choices bag allowed REX-Osprey to broaden investor access to both attach crypto exposure and staking solutions.

Crypto ETFs in highlight as leveraged filings emerge

With REX-Osprey surpassing half one billion bucks in AUM, the milestone underscores rising investor test for numerous crypto exposures that transcend old investment merchandise.

The milestone furthermore coincides with Defiance ETFs’ decision to file for practically 50 leveraged ETF merchandise, including 3X exposure solutions tied to single stocks, other ETFs, and even crypto ETPs, in accordance with a Bloomberg consultant in a contemporary X post.

While these strikes highlight rising curiosity and self belief in crypto ETFs, they furthermore counsel that issuers are making an are trying for different avenues for crypto exposure amid the ongoing authorities shutdown that has slowed ETF approvals.