REX Shares has generated excitement in the crypto world by announcing the anticipated approval of its Dogecoin and XRP exchange-traded funds (ETFs) by the US SEC. Set to launch on September 18, these ETFs, named REX-Osprey XRP ETF and REX-Osprey DOGE ETF, are expected to attract significant investor interest, potentially boosting the market for these cryptocurrencies. This development is crucial as it could pave the way for more institutional investment in the crypto space, signaling a growing acceptance of digital assets in mainstream finance.

REX-Osprey's Dogecoin ETF and XRP ETF are set to begin trading on September 18, as confirmed by Bloomberg analyst Eric Balchunas. This marks a significant development in the cryptocurrency investment landscape.

Editor’s Note: The launch of these ETFs is important as it reflects growing institutional interest in cryptocurrencies. It could pave the way for more investment options for retail and institutional investors alike, potentially increasing market participation.