The joint venture’s ETFs were filed under the Investment Company Act of 1940, bypassing SEC delays and expanding investor access to crypto assets.
REX-Osprey, a partnership between REX Shares and Osprey Funds, today launched the first U.S.-listed spot ETFs providing direct exposure to XRP and Dogecoin.
The new exchange-traded funds allow investors to gain exposure to XRP, a digital cryptocurrency created by Ripple Labs for fast international transfers, and DOGE, a meme-inspired digital asset, without directly owning the underlying cryptocurrencies.
The ETFs were filed under the Investment Company Act of 1940, a regulatory framework that has allowed issuers to bypass some traditional SEC approval delays for alternative crypto assets.
