Rex-Osprey Crypto ETFs To Launch Friday After SEC Clears Review

google-news-img

Top Stories

spot_imgspot_imgspot_img

Key Highlights:

  • Amid several crypto ETFs, a dedicated DOGE ETF ($DOJE) is also in the works, aimed at retail and institutional investors.
  • Dogecoin has rallied 16% in the past week amid ETF optimism. Analysts suggest a potential move to $0.50 if momentum holds.
  • Crypto ETFs for some of the top altcoins are currently in the pipeline, with deadlines approaching by October 30.

Asset manager Rex-Osprey is planning to launch a bunch of crypto ETFs on Friday, September 12. It is subject to U.S. Securities and Exchange Commission (SEC) approval.

So far, these ETFs have passed the SEC’s 75-day review period without any objection. The spot ETFs under consideration are XRP ETF, DOGE ETF, Bitcoin ETF, BONK ETF, and TRUMP ETF.

Rex-Osprey Crypto ETFs to Hit the Market

The 75-day review period for several crypto ETF filings from Rex-Osprey is approaching a deadline. In an interview, Bloomberg analyst Eric Balchunas noted that 40 Act funds are not fully allocated to spot crypto.

He explained that issuers are allowed to proceed if the SEC does not raise objections during the 75-day review period. Unless any unexpected intervention by the US SEC, the funds are expected to launch in U.S. markets this week.

This is roughly 7–8 months after Rex Osprey submitted its crypto ETF filing. Meanwhile, Rex Osprey has filed for another DOGE ETF. It is positioned to be the first regulated U.S. fund providing exposure to Dogecoin.

Dogecoin price chart | Source: Doge Lord, X

Branded as the REX-Osprey DOGE ETF, the product is designed to serve both retail and institutional investors. “Pretty sure this is the first-ever U.S. ETF to hold something that has no utility on purpose,” noted Balchunas.

However, this development has led to a sustained DOGE price rally, gaining 16% over the past week. In the last 24 hours, Dogecoin price has already been trading up 3.47% at $0.25.

Crypto analyst Doge Lord believes Dogecoin could rally 100% to $0.50 with the launch of the DOGE ETF tomorrow. This bullish outlook reflects growing investor excitement and strong market momentum around the memecoin.

He noted that the token has formed a double bottom below a key support zone. It has also formed a bull pennant pattern near the neckline. This signals an imminent breakout.

Will XRP ETF Launch Drive XRP Price Rally?

XRP ETF is drawing the most attention among the upcoming products. Market analyst Dom Kwok predicted it “could see the largest inflows in crypto history.”

Several other ETF application deadlines are approaching in October. With this, analysts suggest billions of dollars could flow into the market if demand rises. XRP price is showing strength amid the broader crypto market rally.

XRP pice breakout | Source: EGRAG Crypto, X

It has moved once again past $3.0 amid the bullish price action. Popular crypto analyst EGRAG Crypto said XRP remains on track for further gains as long as it holds above $2.973.

He noted that the token is approaching the apex of an ascending triangle pattern. It has a measured target of $3.12122.

Crypto ETFs Gain Limelight Again

Not all crypto ETF applications are advancing without delays. This week, the U.S. SEC extended its review of Franklin’s proposed Solana and XRP ETFs.

This sets a new deadline of November 14, 2025. This marks the second extension, following earlier delays in April and June. The regulator also postponed its decision on the Bitwise Dogecoin ETF to November 12, 2025.

Moreover, the SEC has recently pushed back on BlackRock’s request to add staking features to its Ethereum ETF. The final ruling is now expected by October 30.

The SEC has been cautious with products tied to newer or riskier segments of the digital asset market. This leads to repeated extensions.

Still, the pending launch of Rex-Osprey’s products highlights growing momentum for regulated crypto ETFs in the U.S.. This could eventually draw greater institutional participation once approved

Ad

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trending Now

Read More