First U.S. Spot XRP ETF Surpasses $100M in Assets Under Management

The REX-Osprey XRP ETF (XRPR) has surpassed $100 million in assets under management (AUM) just one month after its launch in September. This milestone reflects rising institutional interest in XRP, the fourth-largest cryptocurrency by market capitalization. The ETF offers investors direct exposure to XRP and has emerged as a benchmark amid delays in approving other spot XRP ETF applications by the U.S. Securities and Exchange Commission (SEC). In comparison, Brazil's Hashdex Nasdaq XRP ETF (XRPH11), which launched earlier, has accumulated approximately $52 million in assets. Institutional activity around XRP is on the rise, with significant trading volumes reported for XRP futures and options by CME Group. Evernorth, a treasury company preparing for Nasdaq listing, has also committed to holding XRP as a core reserve asset. The creation of XRPR and the enthusiasm around XRP show increasing confidence in the cryptocurrency market despite regulatory uncertainties.

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