# US SEC Clears First XRP and Dogecoin Exchange-Traded Funds ▴ News

**Published:** 2025-09-16
**Categories:** News

---

The approval of XRP and Dogecoin ETFs via the 1940 Act framework marks a pivotal evolution in the market’s structural architecture. This regulatory pathway provides a new, efficient mechanism for bringing alternative digital assets into the established financial system. The immediate consequence is the validation of a compliant, scalable operating system for launching products that offer exposure to a wider range of crypto assets, fundamentally altering the landscape for institutional-grade portfolio construction and asset allocation strategies. It establishes a precedent for other high-market-cap tokens to achieve similar integration.

This event signifies a systemic shift, establishing a viable regulatory pathway that accelerates the integration of diverse digital assets into mainstream capital markets.

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**Regulatory Framework** ▴ 1940 Act Process

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**Approved Assets** ▴ XRP, Dogecoin

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**Strategic Consequence** ▴ Bypasses existing spot ETF regulatory hurdles

Signal Acquired from ▴ <a href="https://cointelegraph.com/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" target="_blank" rel="nofollow">Cointelegraph</a>

**Tags:** [Market Structure](https://options.greeks.live/area/market-structure/), [Exchange-Traded Funds](https://options.greeks.live/area/exchange-traded-funds/), [Asset Management](https://options.greeks.live/area/asset-management/), [Regulatory Approval Framework](https://options.greeks.live/area/regulatory-approval-framework/), [Regulated Investment Vehicles](https://options.greeks.live/area/regulated-investment-vehicles/), [Altcoin Asset Classes](https://options.greeks.live/area/altcoin-asset-classes/)	

## Discover More

- 
### [New US ETFs for XRP and Dogecoin Attract High Volume](https://options.greeks.live/news/new-us-etfs-for-xrp-and-dogecoin-attract-high-volume/)
![A central illuminated hub with four light beams forming an 'X' against dark geometric planes. This embodies a Prime RFQ orchestrating multi-leg spread execution, aggregating RFQ liquidity across diverse venues for optimal price discovery and high-fidelity execution of institutional digital asset derivatives.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-engine-orchestrating-high-fidelity-execution-and-optimal-price-discovery.jpg)

The successful launch of new crypto ETFs signals a maturing market structure, providing regulated gateways for institutional capital flow.

- 
### [Geopolitical Tariff Shock Triggers Bitcoin Market Cascade](https://options.greeks.live/news/geopolitical-tariff-shock-triggers-bitcoin-market-cascade/)
![A layered, cream and dark blue structure with a transparent angular screen. This abstract visual embodies an institutional-grade Prime RFQ for high-fidelity RFQ execution, enabling deep liquidity aggregation and real-time risk management for digital asset derivatives.](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-layered-structure-for-institutional-digital-asset-rfq-execution.jpg)

Macroeconomic policy shifts function as direct inputs to digital asset market structure, triggering systemic repricing events.

- 
### [Kraken Acquires Small Exchange to Expand US Derivatives Access](https://options.greeks.live/news/kraken-acquires-small-exchange-to-expand-us-derivatives-access/)
![A central teal column embodies Prime RFQ infrastructure for institutional digital asset derivatives. Angled, concentric discs symbolize dynamic market microstructure and volatility surface data, facilitating RFQ protocols and price discovery. Small fasteners denote precise atomic settlement and high-fidelity execution.](https://options.greeks.live/wp-content/uploads/2025/07/digital-asset-derivatives-rfq-protocol-alpha-generation-execution.jpg)

This strategic acquisition integrates new futures contracts, enhancing the capital efficiency of institutional trading frameworks.

- 
### [US Regulator Integrates TradFi and DeFi Leaders for Policy Design](https://options.greeks.live/news/us-regulator-integrates-tradfi-and-defi-leaders-for-policy-design/)
![Textured institutional-grade platform presents RFQ inquiry disk amidst liquidity fragmentation. Singular price discovery point floats. Aqua Prime RFQ base supports market microstructure, enabling atomic settlement and best execution for digital asset derivatives.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-execution-microstructure-prime-os-best-execution.jpg)

A robust regulatory architecture emerges as the CFTC embeds key institutional and DeFi operators to architect market structure.

- 
### [Grayscale Secures SEC Approval for Multi-Asset Crypto ETF](https://options.greeks.live/news/grayscale-secures-sec-approval-for-multi-asset-crypto-etf/)
![A precise, multi-faceted geometric structure represents institutional digital asset derivatives RFQ protocols. Its sharp angles denote high-fidelity execution and price discovery for multi-leg spread strategies, symbolizing capital efficiency and atomic settlement within a Prime RFQ.](https://options.greeks.live/wp-content/uploads/2025/07/digital-asset-derivatives-rfq-execution-microstructure-framework.jpg)

Regulatory approval of this diversified crypto ETP establishes a new market structure primitive for institutional asset allocation.

- 
### [Systemic Leverage Cascade Triggers $1.5 Billion Crypto Liquidation Event](https://options.greeks.live/news/systemic-leverage-cascade-triggers-1-5-billion-crypto-liquidation-event/)
![Intersecting metallic structures symbolize RFQ protocol pathways for institutional digital asset derivatives. They represent high-fidelity execution of multi-leg spreads across diverse liquidity pools. Spheres denote aggregated inquiry and price discovery within a robust Prime RFQ, optimizing capital efficiency and mitigating systemic risk.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-framework-optimizing-multi-leg-spreads-and-liquidity-aggregation-for-best-execution.jpg)

A deleveraging cascade across digital asset markets reveals systemic fragilities, creating an advantageous inflection point for review.

- 
### [How Can Smaller Asset Managers Effectively Leverage All-To-All Platforms without the Resources of Larger Institutions?](https://options.greeks.live/question/how-can-smaller-asset-managers-effectively-leverage-all-to-all-platforms-without-the-resources-of-larger-institutions/)
![A polished blue sphere representing a digital asset derivative rests on a metallic ring, symbolizing market microstructure and RFQ protocols, supported by a foundational beige sphere, an institutional liquidity pool. A smaller blue sphere floats above, denoting atomic settlement or a private quotation within a Principal's Prime RFQ for high-fidelity execution.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-market-microstructure-and-rfq-protocols.jpg)

Smaller asset managers can leverage all-to-all platforms by using their agility to access deeper liquidity pools and reduce transaction costs.

- 
### [Harvard Endowment Commits $116m to BlackRock Bitcoin ETF](https://options.greeks.live/news/harvard-endowment-commits-116m-to-blackrock-bitcoin-etf/)
![Precision-engineered institutional-grade Prime RFQ modules connect via intricate hardware, embodying robust RFQ protocols for digital asset derivatives. This underlying market microstructure enables high-fidelity execution and atomic settlement, optimizing capital efficiency. A metallic button suggests precise private quotation control.](https://options.greeks.live/wp-content/uploads/2025/08/precision-engineered-prime-os-modules-enabling-institutional-digital-asset-derivatives-rfq-protocols-for-best-execution.jpg)

This strategic allocation by a leading endowment signals a pivotal shift in institutional digital asset integration, optimizing portfolio diversification and risk management.

- 
### [SEC Delays Decision on Multiple Crypto-Asset ETFs to October](https://options.greeks.live/news/sec-delays-decision-on-multiple-crypto-asset-etfs-to-october/)
![Central institutional Prime RFQ, a segmented sphere, anchors digital asset derivatives liquidity. Intersecting beams signify high-fidelity RFQ protocols for multi-leg spread execution, price discovery, and counterparty risk mitigation. A smaller sphere denotes dark pool dynamics.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-cross-asset-rfq-execution-hub.jpg)

Systemic market entry for diverse crypto-assets is deferred, recalibrating institutional adoption timelines and concentrating liquidity.

---

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---

**Original URL:** https://options.greeks.live/news/us-sec-clears-first-xrp-and-dogecoin-exchange-traded-funds/
