The REX-Osprey XRP ETF (XRPR), the first fund in the US to offer spot exposure to XRP, has quickly reached a significant milestone, surging past $100 million in assets under management (AUM) just five weeks after its launch.
Built under a ’40 Act structure, the fund holds a minimum of 80% in actual XRP, supplemented by US Treasuries, cash equivalents, and limited derivatives for tax compliance. Since debuting at $25.82, XRPR currently trades near $20.65, recently rising by 3.82% while generally tracking the native XRP price.
The rapid growth of XRPR’s AUM comes as other regulatory developments are delayed. The U.S. Securities and Exchange Commission (SEC) has postponed decisions on six competing XRP ETF applications due to recent government shutdowns, allowing XRPR to fill the market gap.
This strong demand for institutional XRP products is further evidenced by the CME Group’s futures-based XRP offerings, which have seen a total trading volume of $26.9 billion—equivalent to roughly 9 billion XRP—since their launch five months ago.
October 2025, Cryptoniteuae
