Dogecoin News Update: Crypto ETFs Indicate Widespread Adoption as XRP Launch Breaks $58M Trading Volume Record
- Canary Capital's XRPC ETF shattered records with $58M in day-one trading, outperforming Bitwise's Solana ETF . - SEC's regulatory clarity accelerated crypto ETF launches, enabling XRPC's Nasdaq listing and spurring XRP/DOGE ETF proposals. - Dogecoin's DOJE ETF generated $17M in September, reflecting growing demand for meme-coin exposure despite hybrid structure. - XRP price dipped 3% but ETF outperformed 2024 launches, highlighting crypto's shift from speculative bets to mainstream assets. - Mixed crypto
If you take advantage of our partner offers, The Block may receive a commission, but this comes at no extra charge to you. The launch of
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Progress on the regulatory front has also sped up the introduction of crypto ETFs.
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Even with the strong ETF activity,
The launches of XRPC and DOJE mark a significant turning point for the crypto industry. As more ETFs receive regulatory approval, the distinction between digital assets and traditional finance continues to
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