New ETFs tied to XRP and dogecoin debuted in the U.S. with a combined $54.7 million in first-day trading volume.

Canadian police have shut down crypto exchange TradeOgre and seized more than $56 million CAD in digital assets, marking the country’s largest-ever cryptocurrency bust.

Metaplanet has launched two new subsidiaries and plans to raise $1.4 billion to expand its bitcoin holdings and operations.

Top stories in the Crypto Roundup today:

• XRP and Dogecoin ETFs Launch With $54.7M in Combined First-Day Volume
• RCMP Seizes $56M CAD in Crypto, Shuts Down TradeOgre in Historic Crackdown 
• Metaplanet Launches U.S. and Japan Subsidiaries, Plans $1.4B Bitcoin Investment

XRP and Dogecoin ETFs Launch With $54.7M in Combined First-Day Volume

New ETFs tied to XRP and dogecoin debuted in the U.S. with a combined $54.7 million in first-day trading volume.

The XRP ETF (XRPR), issued by REX-Osprey, saw $37.7 million in volume, the highest debut for any ETF this year. The dogecoin ETF (DOJE) followed with $17 million, placing it among the top five.

The launches come after the SEC streamlined crypto ETF approvals, cutting wait times from 240 to 75 days. For investors, the funds offer exposure to altcoins without the need to hold tokens directly.

XRP’s rise comes as Ripple pursues a U.S. banking license. Dogecoin’s ETF success highlights continued retail interest in speculative digital assets.

RCMP Seizes $56M CAD in Crypto, Shuts Down TradeOgre in Historic Crackdown

Canadian police have shut down crypto exchange TradeOgre and seized more than $56 million CAD in digital assets, marking the country’s largest-ever cryptocurrency bust.

The Royal Canadian Mounted Police (RCMP) said the operation is also the first time Canadian authorities have dismantled a crypto trading platform.

The seizure followed a year-long investigation by the Money Laundering Investigative Team, launched after a 2024 Europol tip flagged TradeOgre for regulatory noncompliance.

 According to the RCMP, the platform operated without registering as a money services business with Canada’s financial watchdog, FINTRAC, and failed to verify its users’ identities. That lack of oversight, investigators said, made it a hub for laundering money from criminal sources.

TradeOgre allowed anonymous account creation, which the RCMP says made it an easy on-ramp for organized crime to obscure the origins of illicit funds.

Authorities are still analyzing the transaction data and said criminal charges may follow.

Metaplanet Launches U.S. and Japan Subsidiaries, Plans $1.4B Bitcoin Investment

Metaplanet has launched two new subsidiaries and plans to raise $1.4 billion to expand its bitcoin holdings and operations.

The Tokyo-based Bitcoin Japan Inc. will manage media, conferences and the bitcoin.jp domain. A second unit, Metaplanet Income Corp., will be based in Miami and focus on bitcoin-linked financial products, including derivatives.

Metaplanet, which holds over 20,000 BTC, is Japan’s largest bitcoin treasury firm and the sixth-largest globally. The share sale is aimed at scaling its bitcoin investment strategy.

State of the Crypto by Top Tier Exchange Volume

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