REX-Osprey Spot XRP ETF (XRPR) Crosses $100 Million AUM Milestone in Rapid Ascent
The newly launched REX-Osprey XRP ETF ($XRPR$) has quickly surpassed the $100 million mark in assets under management (AUM), achieving this significant milestone just over five weeks after its debut. The rapid accumulation of assets underscores growing investor interest in gaining regulated exposure to XRP, the fourth-largest cryptocurrency by market capitalization, through traditional financial vehicles.
Gauging U.S. Appetite for XRP Exposure
Launched on September 18, XRPR provides investors with direct, spot exposure to the price of XRP.1 Its swift growth, reaching the $100 million AUM threshold in a relatively short period, serves as an important early barometer of U.S. market demand for XRP-linked investment products, especially as other spot crypto ETF approvals face regulatory hurdles.
While XRPR marks a significant step in the U.S., it follows the launch of the world’s first spot XRP ETF in Brazil. The Hashdex Nasdaq XRP ETF ($XRPH11$) has accumulated approximately $52 million (282 million Brazilian Real) in assets since its inception, indicating a global trend toward accessing XRP via regulated wrappers.
Institutional Interest Accelerates Beyond ETFs
The success of XRPR coincides with broader signs of accelerating institutional engagement with the XRP ecosystem. The Chicago Mercantile Exchange (CME Group), a key venue for institutional derivatives trading, recently added XRP options contracts to its product suite, citing strong demand for its existing XRP futures.
Since launching standard and micro XRP futures contracts in May, the CME has reported substantial activity, with over 567,000 contracts traded, representing a notional value of $26.9 billion. This high volume points to significant institutional interest in hedging and speculating on XRP’s price movements. Furthermore, the emergence of dedicated treasury companies like Evernorth, which plans a Nasdaq listing and has committed to holding XRP as a core reserve asset, signals a deepening integration of the digital asset into corporate balance sheet strategies.
The rapid AUM growth of the REX-Osprey XRP ETF, coupled with robust derivatives volumes and corporate treasury adoption, paints a picture of increasing institutional conviction in XRP. This milestone for XRPR provides tangible evidence of demand and sets a positive precedent as the market continues to evaluate pathways for broader, regulated access to digital assets beyond Bitcoin and Ether.
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