Amid the rising buzz surrounding crypto ETFs, REX-Osprey. the primary U.S. funding fund to launch XRP and DOGE ETFs, has celebrated a significant milestone, in line with its latest X publish.
Following its announcement, the U.S.-based ETF issuer revealed that its suite of exchange-traded funds (ETFs) has surpassed a large $500 million in mixed property below administration (AUM), because of the latest launch of its Dogecoin and XRP ETFs.
The achievement marks a major milestone for the agency, coming simply months after REX-Osprey debuted its flagship ETF, $SSK, the primary U.S. Solana staking ETF. Quickly after, the agency expanded its choices with three extra merchandise tied to XRP, Dogecoin, and Ethereum.
Speculators observe that the fund has continued to document robust each day inflows, largely pushed by demand for the XRP and DOGE ETFs, which have collectively pushed its AUM quantity to $500 million.
Simply final month, REX-Osprey added $XRPR, the primary U.S. spot DOGE ETF, and $ESK—the primary U.S. ETH staking-focused ETF, increasing its lineup of crypto funding merchandise.
Notably, these a number of choices have allowed REX-Osprey to broaden investor entry to each spot crypto publicity and staking methods.
Crypto ETFs in highlight as leveraged filings emerge
With REX-Osprey surpassing half a billion {dollars} in AUM, the milestone underscores rising investor demand for diversified crypto exposures that transcend standard funding merchandise.
The milestone additionally coincides with Defiance ETFs’ resolution to file for practically 50 leveraged ETF merchandise, together with 3X publicity methods tied to single shares, different ETFs, and even crypto ETPs, in line with a Bloomberg consultant in a latest X publish.
Whereas these strikes spotlight rising curiosity and confidence in crypto ETFs, in addition they counsel that issuers are in search of different avenues for crypto publicity amid the continuing authorities shutdown that has slowed ETF approvals.