
Launch of REX-Osprey XRP ETF: A New Milestone in the Financial Market
The eagerly anticipated REX-Osprey XRP Exchange-Traded Fund (ETF), known by its ticker symbol $XRPR, made its debut on September 18, 2025. This launch attracted significant attention and generated impressive trading activity, reaching a remarkable volume of $37.7 million on its very first day.
Record-Breaking Debut: $XRPR Leads the 2025 ETF Launches
With its outstanding initial performance, $XRPR has set a new benchmark for ETF debuts in 2025. It achieved the highest first-day “natural” dollar volume, surpassing the previous record-holder $IVES, and outshining hundreds of other new entrants. This achievement emphasizes the ETF’s prominence in the market.
In comparison, the $DOJE ETF recorded a notable $17 million in trading volume on its first day, placing it among the top five ETF launches of the year, a year that witnessed over 710 new ETF introductions.
Insights from Industry Experts
Eric Balchunas, a distinguished ETF analyst at Bloomberg, highlighted this significant milestone on X (formerly known as Twitter). He stated, “$XRPR traded $37.7 million on Day One, surpassing $IVES for the largest day one (natural) dollar volume among all 2025 launches. $DOJE’s $17 million debut also ranks in the Top 5 for the year, among 710 launches. This bodes well for the upcoming wave of 33 Act ETFs.”
XRP Exposure in the U.S. Market: Meeting Investor Demand
The impressive debut of $XRPR underscores the strong demand for regulated XRP exposure within the U.S. market. Unlike spot ETFs that directly hold the underlying assets, $XRPR is structured as a Registered Investment Company (RIC). This structure comprises a mix of XRP, cash, and U.S. Treasuries, giving investors a regulated avenue to gain XRP exposure without managing the tokens themselves.
As XRP continues to trade above $3 with a market capitalization exceeding $181 billion, the successful launch of this ETF contributes to the ongoing narrative of institutional adoption and acceptance of digital assets in mainstream finance.
Conclusion: A Promising Future for ETFs
The launch of the REX-Osprey XRP ETF marks a significant development in the evolution of the financial market, reflecting the growing appetite for digital asset investment vehicles. As the financial landscape continues to evolve, the future promises more opportunities for investors seeking regulated exposure to cryptocurrencies.





