The post Dogecoin and XRP ETFs draw massive volume on first day of trading appeared on BitcoinEthereumNews.com.

New US ETFs for Dogecoin and XRP debut with $54.7M trading volume.

XRP ETF leads with $37.7M, biggest day-one of any 2025 ETF launch.

Dogecoin ETF hits $17M, far above initial forecasts of $2.5M.

The first US-listed exchange-traded funds tied to Dogecoin and XRP debuted Thursday with far heavier demand than expected, posting a combined $54.7 million in trading volume. Bloomberg ETF analyst Eric Balchunas noted that most new ETFs average about $1 million in first-day activity. “No slouch,” he wrote on X, calling the funds’ debut “a good sign for the onslaught” of pending crypto ETFs awaiting regulatory approval. Issuers have submitted multiple applications for crypto ETFs, including those linked to speculative altcoins and products incorporating mechanisms such as staking. XRP ETF posts record opening The REX-Osprey XRP ETF (XRPR) saw $37.7 million in volume, according to Cboe data, marking the biggest first day for any ETF launch in 2025. Within its first 90 minutes of trading, XRPR had already taken in $24 million. $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 “That is way more than I would have thought,” Balchunas said, noting it was five times higher than the debut volume of XRP futures ETFs. Dogecoin ETF beats forecasts The REX-Osprey DOGE ETF (DOJE) also surprised, finishing the session with $17 million in trades. Balchunas had initially expected only $2.5 million in volume, a level he said would have been “respectable but nothing too special.” Instead, DOJE’s…

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Filed under: News - @ September 19, 2025 10:27 am