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The REX-Osprey XRP ETF (XRPR) made a record-breaking US debut yesterday, racking up $37.7 million in buying and selling quantity, the biggest first-day launch of any ETF this 12 months.
The REX-Osprey Dogecoin ETF (DOJE), the primary DOGE ETF, additionally smashed expectations with its launch, recording $17 million in buying and selling quantity.
$XRPR traded $37.7m on Day One, which edges out $IVES for the largest day one (pure) $ quantity of any 2025 launch. $DOJE isn’t any slouch at $17m, which might be Prime 5 for 12 months.. out of 710 launches. Good signal for the onslaught of 33 Act ETFs coming quickly.. pic.twitter.com/JaQP9ekFIq
— Eric Balchunas (@EricBalchunas) September 18, 2025
Within the first 90 minutes, XRPR had already amassed $24 million in trades, 5 instances greater than any XRP futures ETF has achieved on its first day.
Bloomberg ETF analysts Eric Balchunas described the outcomes as “shockingly” sturdy, contemplating that on the primary day, most devices often see buying and selling volumes of lower than $1 million.
REX and Osprey filed their two ETFs below a securities regulation completely different from the legal guidelines below which most present crypto-tied exchange-traded merchandise had been launched.
XRPR and DOJE are registered below the Funding Firm Act of 1940, the so-called “40 Act,” whereas the favored Bitcoin and Ether funds launched final 12 months had been below the Securities Act of 1933, or the “33 Act.”
The 40 Act provides a quicker approval window of 75 days in comparison with 240 days below the 33 Act.
The principle characteristic is that XRPR and DOJE don’t maintain cryptocurrencies instantly. They put money into a subsidiary of the issuers within the Cayman Islands, which manages the property.
XRP Worth Breaks Out Of Falling Channel Sample
The sturdy efficiency of the ETFs got here at the same time as XRP and DOGE each fell 2% prior to now 24 hours to commerce at $3.045 and $0.276, respectively, as of 12:40 a.m. EST.
The XRP worth has lately damaged out of a falling channel sample following a parabolic curve, signaling bullish momentum.
The golden cross between the 50-day and 200-day Easy Shifting Averages (SMAs) provides additional power to the uptrend, suggesting long-term consumers are nonetheless in management.
In the meantime, the Relative Power Index (RSI) at the moment sits at 53.9, reflecting impartial momentum with room for development. On the similar time, the Shifting Common Convergence Divergence (MACD) reveals a bullish crossover, supporting continued upward strain for the Ripple token.
With the worth of XRP stabilizing above the 50-day SMA, the subsequent goal lies round $3.60, representing almost a 20% upside.
With institutional tokenization and decentralized media getting into the XRPL ecosystem, analysts like Jack the Rippler see the Ripple token worth hovering even larger.
🚨TOP MARKET VOICES ARE PUTTING #XRP PRICE TARGETS BETWEEN $10,000 AND $35,000! THIS IS COMING DIRECTLY FROM WALL STREET ANALYSTS, NOT RANDOM SPECULATION!
THE GAME HAS CHANGED INSTITUTIONAL TOKENIZATION AND DECENTRALIZED MEDIA ARE ENTERING THE XRPL ECOSYSTEM, AND BXE TOKEN IS… pic.twitter.com/SVEbN1Dyax
— JackTheRippler ©️ (@RippleXrpie) September 18, 2025
If the bears take management of the value right here, the $2.77 assist nonetheless acts as the subsequent main assist degree.
Dogecoin Worth Reveals Bullish Momentum
In the meantime, the DOGE worth is displaying sturdy bullish momentum after breaking above key Fibonacci ranges, with Dogecoin holding above each the 50-day and 200-day SMAs.
The latest rally has pushed DOGE near the 0.786 retracement degree at $0.274, performing as present assist.
The RSI is at the moment at 62.6, indicating bullish power however nearing overbought territory, whereas the MACD stays in constructive territory, supporting the uptrend.
If momentum continues, DOGE may push towards the $0.306 resistance degree, representing a couple of 10% upside.
Analyst Ali Martinez, with greater than 156k followers on X, famous that whales have purchased greater than 158 million DOGE.
Nonetheless, failure to carry above $0.274 may set off a pullback towards the $0.25–$0.26 vary.
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