First U.S. Spot XRP ETF Reaches $100M in AUM Within a Month
- The REX-Osprey XRP ETF (XRPR) has surpassed $100 million in assets under management (AUM) just one month after its launch.
- XRPR offers direct exposure to XRP, the fourth-largest cryptocurrency by market capitalization.
- The U.S. SEC has delayed rulings on six other spot XRP ETF applications amid a federal government shutdown.
- The Hashed Nasdaq XRP ETF (XRPH11) has accumulated approximately $52 million in total assets.
- CME Group launched XRP options and reported over $26.9 billion in notional volume from XRP futures since May.
The rapid growth of the XRPR ETF highlights increasing institutional interest in XRP, especially as other ETF approvals remain stalled due to regulatory delays. This trend is further supported by CME Group’s expansion of its XRP offerings, indicating a robust demand for ETFs linked to this cryptocurrency.
In just one month, the REX-Osprey XRP ETF has reached over $100 million in AUM, positioning itself as a key player amid regulatory uncertainties surrounding other spot ETFs.(Source)
