Bitcoinist
2025-09-17 03:00:29

Bloomberg Analysts Hint at XRP and Dogecoin ETFs, Here’s What It Means for Investors

The crypto market is entering a pivotal week as Bloomberg analysts confirm that XRP and Dogecoin exchange-traded funds (ETFs) are on track to launch in the U.S. The funds, managed by REX-Osprey, have cleared regulatory hurdles under the Investment Company Act of 1940 , a pathway that has made approval faster compared to Bitcoin ETFs. Upcoming XRP and Dogecoin ETFs Boost Optimism The XRP ETF (ticker: XRPR) and Dogecoin ETF (ticker: DOJE) are expected to debut within days, with Dogecoin’s listing scheduled for Thursday and XRP’s by Friday. This will be the first U.S. ETF for Dogecoin, providing traditional investors with access to the meme coin without the need for wallets or direct token ownership. For XRP, the launch signifies a milestone as it becomes the first major altcoin ETF after Ethereum to gain entry into U.S. markets. Bloomberg’s Eric Balchunas highlighted that the XRP fund will combine direct holdings of the token with exposure to other global spot ETFs. Meanwhile, James Seyffart noted that over 90 additional crypto ETF applications are currently awaiting SEC review, including those tied to Litecoin and Avalanche. What It Means for Altcoin Investors The arrival of XRP and Dogecoin ETFs signals growing institutional acceptance of altcoins, moving beyond Bitcoin and Ethereum. Analysts believe these products could attract billions in inflows from retirement funds, brokerage platforms, and traditional investment accounts. For Dogecoin , the ETF marks a leap from meme culture into mainstream finance. Already, DOGE has seen price momentum around $0.26–$0.28, with whales accumulating heavily ahead of the launch. Some technical analysts argue Dogecoin is finalizing a bullish chart pattern that could push its price toward $0.35, $0.45, and even $1 if momentum holds. XRP , on the other hand, is positioned as a utility-driven altcoin with strong liquidity. Its ETF could accelerate inflows into Ripple’s ecosystem, especially if paired with dovish global monetary policies in the coming weeks. Broader Market Impact The timing of these ETF launches coincides with key central bank meetings. The U.S. Federal Reserve is expected to cut rates by 25 basis points, while the Bank of England and Bank of Japan will announce decisions within days. Analysts suggest that if multiple central banks coordinate easing, the result could spark a mega altseason, driving Bitcoin past $120,000 and Ethereum beyond resistance levels. For investors, the message is clear: XRP and Dogecoin ETFs are not just symbolic victories; they could transform altcoin adoption in traditional finance. Now we wait and see what may unfold over the next ten days. Cover image from ChatGPT, DOGEUSD chart from Tradingview

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