echoed <\/a>REX Shares\u2019 excitement, emphasizing the significance of these products. He declared, “First ever DOGE ETF, period. First XRP ETF offering spot XRP exposure.”\u00a0<\/p>\nCrypto ETF Surge In Coming Months<\/h2>\n
Bloomberg ETF experts Eric Balchunas and James Seyffart have recently projected that REX-Osprey\u2019s offerings could hit the market on Thursday, despite the SEC’s recent extension of decisions for other cryptocurrency ETFs.\u00a0<\/p>\n
The landscape for ETF approvals is further complicated by the delayed amendment for BlackRock\u2019s Ethereum staking application, which has also been postponed to October 30.\u00a0<\/p>\n
Balchunas attributes these delays to ongoing coordination between the SEC and exchanges like Cboe and NYSE regarding updated listing standards.\u00a0<\/p>\n
However, Balchunas anticipates that streamlined procedures, expected to be approved in October, could lead to a \u201cflood of ETFs probably in a couple months,\u201d significantly enhancing institutional adoption of cryptocurrency investments.<\/p>\n
Despite the bold proclamation from REX Shares, the US SEC has yet to officially confirm the approval of these ETFs or any similar applications from other firms seeking to provide direct exposure to the spot prices of these digital assets.<\/p>\n
![\"REX](\"https:\/\/www.tradingview.com\/x\/u6g4PQHh\/\")
<\/p>\n
Featured image from DALL-E, chart from TradingView.com\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
US-based REX Shares has stirred significant anticipation in the crypto community by announcing the launch of its Dogecoin (DOGE) and XRP exchange-traded funds (ETFs) on September 18.\u00a0 Imminent Launch Of REX Shares’ DOGE And XRP ETFs? In a post on social media platform X (formerly Twitter), REX Shares promoted the upcoming launch of the REX-Osprey…<\/p>\n","protected":false},"author":1,"featured_media":7196,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[134],"tags":[135,36,43,3515,1567,3516,1559,1749,2271],"class_list":["post-7195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news-ticker","tag-breaking-news-ticker","tag-crypto","tag-crypto-news","tag-dogecoin-etf-news","tag-rex-shares","tag-rex-shares-etf","tag-spot-dogecoin-etf","tag-xrp-etf","tag-xrp-etf-news"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/7195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=7195"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/7195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/7196"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=7195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=7195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=7195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}