REX-Osprey has marked a watershed moment in cryptocurrency history with the launch of XRPR, the first-ever spot XRP ETF in the United States. The fund, which began trading on September 18, 2025, on the Cboe exchange, represents a significant milestone for both institutional and retail investors seeking regulated exposure to XRP.
JUST IN: 🇺🇸 REX-Osprey $XRP ETF (XRPP) surpasses $24 million in trading volume just 90 minutes after launch. pic.twitter.com/7ZPNtmyxRw
— Whale Insider (@WhaleInsider) September 18, 2025
Record-Breaking Trading Performance
The market response to the XRP ETF has exceeded all expectations. Within its first 90 minutes of trading, XRPR accumulated an impressive $24 million in trading volume, surpassing previous cryptocurrency ETF launches. This volume represents five times the first-day trading activity of any existing XRP futures ETF, demonstrating strong investor appetite for spot XRP exposure through traditional investment vehicles.
Understanding the XRPR Structure
The REX-Osprey XRP ETF employs a hybrid investment approach under the Investment Company Act of 1940. While not a pure spot ETF, the fund maintains significant direct XRP holdings alongside XRP-backed exchange-traded products. This structure provides investors with substantial exposure to XRP price movements while meeting regulatory requirements for investor protection.
Implications for Crypto Markets
This successful launch signals growing institutional acceptance of cryptocurrencies beyond Bitcoin and Ethereum. The ETF opens new channels for traditional investors to gain XRP exposure through their existing brokerage accounts. Additionally, the fund’s approval under updated listing standards may pave the way for more cryptocurrency ETFs, potentially transforming how investors access digital assets.
The Future of Cryptocurrency ETFs
The remarkable debut of XRPR suggests strong potential for future altcoin ETFs. With multiple cryptocurrency ETF applications pending review, REX-Osprey‘s success could influence regulatory attitudes toward similar investment products. Stay connected with Genfinity for continued coverage of cryptocurrency ETF developments and market analysis.
*Disclaimer: News content provided by Genfinity is intended solely for informational purposes. While we strive to deliver accurate and up-to-date information, we do not offer financial or legal advice of any kind. Readers are encouraged to conduct their own research and consult with qualified professionals before making any financial or legal decisions. Genfinity disclaims any responsibility for actions taken based on the information presented in our articles. Our commitment is to share knowledge, foster discussion, and contribute to a better understanding of the topics covered in our articles. We advise our readers to exercise caution and diligence when seeking information or making decisions based on the content we provide.
, achieving record-breaking $24M trading volume in first 90 minutes. Learn about this historic crypto investment vehicle and its market impact.){kind=link}