19.09.2025 02:33

From internet sources, a newly launched BitcoinEthereumNews.com report details the remarkable debut of the Osprey XRPR XRP ETF, a regulated investment vehicle listed on the CBOE. In a striking display of investor appetite for accessible XRP exposure, the fund garnered approximately $24 million in trading volume within its initial 90 minutes of operation. This swift uptake suggests a significant market desire for regulated products that offer a gateway to XRP, outpacing even the opening-day performance of XRP futures ETFs.

The Osprey XRPR ETF, designed to provide brokerage-accessible, regulated exposure to XRP, commenced trading with immediate momentum. The fund's initial trading activity surpassed its net asset value, and the $24 million in volume within the first hour and a half underscores robust interest from both retail and institutional investors seeking regulated avenues into XRP. This strong opening is particularly noteworthy as it comes shortly after the launch of other digital asset-related funds, indicating a broadening investor base for cryptocurrency exposure.

Further analysis of the XRPR's maiden trading session reveals that it opened at $25.80, a slight premium over its net asset value of roughly $25. The approximately $24 million in trading volume generated in its first 90 minutes is a substantial figure, estimated to be about five times the combined opening-day volumes of prior XRP futures ETFs. This comparative success emphasizes the market's clear preference for a regulated, spot-like product that mirrors the direct holding of XRP, rather than derivative-based instruments.

The internal composition of the Osprey XRPR ETF sheds light on its strategy for providing XRP exposure. The fund's holdings are approximately 59% allocated to CME’s CF XRP‑Dollar Reference Rate, a benchmark for XRP pricing, and around 39% invested in CoinShares’ physical XRP product, which directly holds XRP. This dual approach ensures both a reference point for market value and direct ownership of the underlying asset, contributing to its appeal as a regulated investment. Additionally, Dogecoin's DOJE ETF also experienced a strong start, exceeding $6 million in volume within its first hour, signaling a wider trend of enthusiastic adoption for regulated cryptocurrency ETFs.