Rex-Osprey XRP ETF Achieves Record-Breaking Launch in 2025
- The Rex-Osprey XRP exchange-traded fund (ETF), trading under the ticker XRPR, debuted with $37.7 million in natural volume on launch day.
- Within the first 90 minutes, the fund surpassed $24 million in trades, five times higher than any crypto futures ETF launched this year.
- A companion Dogecoin ETF (ticker DOJE) also performed well, with nearly $6 million traded in its first hour and a total of $17 million by day’s end.
- Both ETFs are structured through Cayman Islands subsidiaries and registered under the Investment Company Act of 1940, differing from previous spot Bitcoin and Ethereum ETFs.
- Despite high trading volumes, prices for both XRP and Dogecoin did not show immediate strength following the ETF launches.
The strong debut of Rex-Osprey’s XRP ETF reflects increasing investor interest in regulated exposure to alternative digital assets, as indicated by its record-breaking trading volume. The contrasting performance of underlying tokens highlights a gap between secondary-market enthusiasm for ETFs and direct demand for cryptocurrencies.
On launch day, the XRPR ETF achieved an impressive $37.7 million in natural volume, setting a new benchmark for US ETFs introduced this year. (Source)
