REX-Osprey Spot XRP ETF Breaks $100 Million in Five Weeks
By Francisco Rodrigues | Edited by Aoyon Ashraf – Updated Oct 26 2025, 7:07 a.m. | Published Oct 25 2025, 8:00 p.m.
The newly launched XRPR (ticker: XRPR) – the first U.S. spot ETF providing exposure to the cryptocurrency XRP – has crossed the milestone of over USD 100 million in assets under management (AUM) in just over five weeks since its launch. 2
A rapid start
The ETF was launched by REX Shares/Osprey Funds on September 18, 2025. 5 Reaching USD 100 million in AUM so quickly suggests there is significant investor interest in gaining direct exposure to XRP via the ETF format.
Why it matters
This milestone is meaningful for several reasons:
- It signals institutional and retail appetite for productised crypto exposure in the U.S. market.
- XRP has been under the regulatory spotlight for years, so the existence of a spot-XRP ETF is itself notable.
- The ETF offers a new channel for investors who want XRP exposure without holding the underlying token directly.
The wider context: XRP, derivatives and institutional flows
Elsewhere, in Brazil, the XRPH11 – the world’s first spot-XRP ETF – has accumulated around USD 52 million in assets. 7 Meanwhile, the CME Group has reported strong trading volumes in XRP futures, with over 567,000 contracts traded, representing USD 26.9 billion in notional volume since the launch of XRP and micro-XRP futures. 9 Moreover, new treasury firms are reportedly committing to hold XRP as a reserve asset. 10
What this means for the U.S. ETF landscape
The U.S. regulatory environment for crypto products has been cautious and at times slow to approve spot-crypto ETFs. The success of XRPR may serve as a barometer of investor interest and could influence future product launches, including other spot-crypto ETFs. As more institutional players take positions in crypto via regulated instruments, the line between crypto trading and traditional investment may blur further.
Key takeaways
Here are the headline takeaways from this development:
- XRPR’s rapid asset growth indicates strong investor demand for spot-XRP exposure in ETF format.
- The broader ecosystem is showing signs of maturation – derivatives and institutional flows into XRP are increasing.
- For bloggers, analysts and investors alike, this milestone is a useful data point in tracking how crypto becomes embedded in mainstream financial markets.
What to watch going forward
Looking ahead, key questions include:
- Will XRPR sustain its momentum in asset accumulation and attract further inflows?
- How will competing spot-crypto ETFs (if approved) perform relative to XRPR?
- What impact will regulatory developments and institutional adoption have on crypto-ETF offerings?