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XRP and Dogecoin ETFs rally as debut volumes smash expectations: 'Shocked..'
Yahoo Finance·2025-09-19 03:07

Veteran fund analyst Eric Balchunas expressed shock at the extraordinary debut of the Rex Shares-Osprey Dogecoin exchange-traded fund (ETF). The first ETF in the U.S. tied to a meme coin, it began trading under the ticker "DOJE" on CBOE on Sep. 18 and posted around 6millionintradingvolumewithinanhourofitslaunch.Related:Whatarememecoins?ExplainedBalchunassaysofDOJE,nothingtoospecialAheadoftheETFslaunchtoday,BalchunaswroteonXthatitwouldrecord 6 million in trading volume within an hour of its launch. Related: What are meme coins? Explained Balchunas says of DOJE, 'nothing too special' Ahead of the ETF's launch today, Balchunas wrote on X that it would record 2.5 million on its fi ...