The newly launched REX-Osprey XRP ETF (XRPR) is making waves in the investment world as it achieves significant growth. Since its rollout on September 18, 2025, this fund has successfully crossed the $100 million mark in assets under management (AUM). This milestone marks an important step for investors seeking exposure to the burgeoning market of digital assets.
The news was shared via X by REX Shares, showcasing the fund’s potential to reshape investment strategies around XRP. As the first ETF in the U.S. to permit regulated exposure to XRP’s market performance, XRPR stands poised to attract a diverse range of investors.
XRPR Surpasses $100 Million in AUM
XRPR’s rapid ascent to over $100 million in AUM within just a month exemplifies the escalating demand for XRP investment vehicles. The excitement surrounding the long-awaited Spot XRP ETF has prompted many crypto enthusiasts to consider assets tied directly to XRP.
This ETF is structured to track the spot market performance of XRP while staying compliant with U.S. regulations, ensuring a safe investment environment. As detailed on their official site, the fund commits at least 80% of its capital to XRP and related instruments, leaning on advanced strategies instead of holding the tokens outright.
Under typical market conditions, it strategically allocates its assets to maintain close alignment with XRP’s price, although variations could occur owing to underlying market dynamics. This structure aligns with principles set forth in the U.S. Investment Company Act of 1940, placing it alongside traditional commodities and equity ETFs.
In contrast to BlackRock’s Spot Bitcoin ETF (IBIT), which holds Bitcoin directly, XRPR offers regulated exposure to XRP’s price without the complexities of futures or derivative contracts.
SEC Decisions on Spot XRP ETF Applications Still Pending
At present, XRPR remains the only XRP ETF accessible in the United States. Competing asset managers such as WisdomTree and CoinShares have submitted proposals for additional spot XRP ETFs designed to mirror the successful structures of spot Bitcoin ETFs. These funds aim to hold XRP directly in custody.
The deadline for final decisions on Spot XRP ETF applications is drawing near, with key dates from October 19 to October 25 fast approaching. Yet, progress has been impeded by the ongoing U.S. government shutdown, which has disrupted the Securities and Exchange Commission’s (SEC) review process.
Before the shutdown, the SEC had issued a new set of listing standards aimed at accelerating the launch of commodity-based ETFs. However, with no resolution in sight, any potential ETF approvals—crypto or otherwise—are currently stalled.
As of now, XRP is trading at $2.54, marking a 3.6% increase in the last 24 hours, reflecting its robust market interest.
Image sourced from Pexels, chart courtesy of TradingView
