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XRP and Dogecoin exchange-traded funds debut with a combined first-day trading volume of $54.7 million, indicating substantial initial demand for crypto ETFs beyond the largest assets and setting an early yardstick for investor appetite in products linked to alternative tokens. The activity channels liquidity into regulated vehicles that track the two cryptocurrencies and may shape access and price discovery for both retail and institutional participants seeking diversified exposure, while giving issuers and exchanges an initial benchmark as they evaluate future filings, market-making commitments, and education for new entrants.