REX-Osprey XRPR ETF Debuts on Cboe
- REX-Osprey XRPR ETF debuts on Cboe with record volume.
- $24 million traded in first 90 minutes.
- Signal for crypto ETF market growth.
The REX-Osprey XRPR ETF, the first U.S. XRP ETF, launched on September 18, 2025, on the Cboe exchange, setting a record with $24 million trading volume within 90 minutes.
This launch signals a pivotal shift in U.S. crypto ETF landscape, reflecting growing institutional interest and regulatory evolution, potentially boosting XRP’s market presence and liquidity.
The REX-Osprey XRPR ETF launched on September 18, 2025, marking a notable debut on the Cboe exchange. With $24 million traded in the initial 90 minutes, it becomes the biggest U.S. fund launch by volume this year.
The fund sponsors, REX Shares and Osprey Funds, have secured substantial market presence with this launch. Their collaboration emphasizes expanding digital asset sector frameworks, underscoring regulatory advancements from the SEC in enabling such products.
The ETF’s record-breaking trading volume underscores a significant market shift toward cryptocurrency investments. Institutional involvement is notably growing, following SEC adjustments that previously paved the way for similar products.
The broadened access facilitated by such ETF launches potentially affects XRP liquidity and market dynamics. Moreover, it encourages greater institutional and retail investor engagement in digital assets.
The ongoing integration of cryptocurrency ETFs in traditional finance highlights regulatory progress and investor interest. Future trends may reveal increased appetite for diversifying portfolios with digital assets, especially as platforms like the CME Group expand derivative offerings.
James Seyffart, ETF Analyst, Bloomberg, – “The funds aren’t ‘pure’ spot products. Instead, they are structured to hold XRP and DOGE directly, while also investing in other spot ETFs from outside the U.S. to achieve exposure. Their filings also include language that would allow the use of derivatives for exposure if needed, though this is not the primary approach.” – Bloomberg
Historically, crypto ETF launches have influenced market liquidity and participation rates. This debut reflects growing confidence in the regulatory ecosystem, suggesting potential long-term impacts on digital asset markets and technological infrastructure developments. ProShares launches ETFs for 2x daily returns on Solana and XRP
