19.09.2025 00:26
The advent of the first-ever spot XRP Exchange Traded Fund (ETF) in the United States has been met with remarkable enthusiasm, as evidenced by an astounding $24 million in trading volume within its initial ninety minutes of operation. This groundbreaking debut significantly outpaced the performance of futures-based ETF launches, exceeding them by a factor of five and underscoring a palpable surge in investor appetite for more direct and accessible cryptocurrency investment avenues.
This pioneering XRP ETF, a collaborative venture between REX Shares and Osprey Funds under the banner of REX-Osprey, has not only achieved impressive early trading figures but also signals a broader trend towards increased institutional adoption and the diversification of crypto investment products. The swift and substantial uptake suggests a strong demand that may pave the way for further innovations in the digital asset ETF space.