The REX-Osprey XRP ETF (XRPR) has surpassed $100 million in assets under management (AUM) just five weeks after its launch on 18 September, according to the issuer. The ETF provides investors exposure to XRP, currently the fourth-largest cryptocurrency by market capitalization.
The growth of XRPR highlights rising institutional and retail interest in XRP. In Brazil, the Hashdex Nasdaq XRP ETF (XRPH11), the world’s first spot XRP ETF, has accumulated roughly $52 million in assets since its launch.
Institutional activity around XRP has also accelerated. CME Group recently added XRP options to its offerings following strong demand for XRP futures. Since May, the exchange reported over 567,000 XRP futures contracts traded, representing $26.9 billion in notional volume.
Some companies are now positioning XRP as a strategic asset. Evernorth, a new treasury firm planning a Nasdaq listing, has committed to holding XRP as a core reserve asset, signaling growing confidence in the cryptocurrency’s long-term potential.
With regulatory approvals for XRP-related products still pending in the U.S., ETFs like XRPR offer a way for investors to gain exposure while providing a gauge of market interest. Analysts say the rapid adoption of XRPR may indicate a broader trend of institutional acceptance for XRP-based investment products.
