20.09.2025 07:43

In a significant development for U.S. cryptocurrency investors, REX Shares and Osprey Funds have officially launched the XRPR ETF today, September 18, 2025. This pioneering fund, which will trade on the Cboe BZX Exchange under the ticker XRPR, represents the first exchange-traded fund listed in the United States to be linked to XRP, offering a regulated investment vehicle for the digital asset. The launch occurs in tandem with a parallel fund focused on Dogecoin, bearing the ticker DOJE, marking an expansion of regulated crypto products available to the public.

Unlike the pure spot ETFs approved for Bitcoin and Ethereum, the XRPR fund is uniquely structured under the Investment Company Act of 1940, a regulatory framework traditionally used for mutual funds. This legal classification allows for a more complex portfolio composition; while the fund will hold XRP directly, it is also designed to allocate capital to other XRP-related ETFs, including those listed internationally. Furthermore, the fund's prospectus reveals that while at least 40% of its assets will be invested in such ETFs, with the balance held primarily in physical XRP, it also retains the flexibility to engage in derivatives, a strategy that is not expected to be its primary focus.

This launch coincides with broader movements to integrate XRP into mainstream institutional finance. According to internet sources, the CME Group is preparing to enhance institutional access to XRP derivatives by introducing options on its XRP futures contracts in October. This upcoming development, coupled with the debut of the XRPR ETF, signals a deepening integration of XRP into established financial markets, providing sophisticated investors with a more comprehensive suite of tools for exposure and risk management.