The First Ever Spot XRP ETF To Be Approved In The US Just Hit A Major Milestone

The REX-Osprey XRP ETF (XRPR) contains… I achieved a great achievement. The product, which was launched on September 18, 2025, by REX Shares in partnership with Osprey Funds, has now surpassed $100 million in assets under management (AUM).

advertising, Which was done on X By REX Shares It is a defining moment for XRP investment products, as XRPR becomes the first ETF in the US to provide investors with regulated exposure to the market price of digital assets.

XRPR hits a major milestone

The fund’s rapid growth to over $100 million in assets under management in just over a month demonstrates the intense interest in XRP-related products among cryptocurrency investors, who… They were waiting impatiently For Spot XRP ETF.

According to its structure, XRPR tracks the performance of the spot market for XRP while adhering to current US regulations. As shown On the XRPR website, It does this by investing at least 80% of its assets in XRP and related instruments through its subsidiary REX-Osprey XRP, rather than holding the token directly.

Under normal market conditions, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in XRP and other assets that provide exposure to XRP price movements. However, although it seeks returns that closely match XRP’s performance, its results will not fully replicate the token’s market price.

This setup allows XRPR to operate within the US Investment Company Act of 1940, similar to traditional stock or commodity ETFs. Although it provides immediate exposure to XRP price movements, it is different from something like BlackRock’s Spot Bitcoin ETF (IBIT), which Holds the cryptocurrency itself In custody. However, the structure gives investors regulated access to XRP price performance without relying on futures or derivatives.

Spot XRP ETF applications are still awaiting a decision by the SEC

Currently, XRPR is the only XRP ETF available in the US. However, several major asset managers, including WisdomTree and CoinShares, have filed for XRP ETFs that will have the structure of Bitcoin ETFs. These proposed funds would hold XRP directly and provide full individual exposure to the market price.

The deadline for most Spot XRP ETF orders is set between October 19 and October 25. However, progress has been halted by the ongoing US government shutdown, which has effectively put the SEC review process on hold.

Just weeks before the shutdown, the Securities and Exchange Commission (S.E.C.). Introduced a new set of Common listing standards for commodity-based exchange-traded products to accelerate their launch. However, until the government reopens, new approvals for ETFs, cryptocurrencies or otherwise cannot move forward.

At the time of writing, XRP is trading at $2.54, up 3.6% over the past 24 hours.

Featured image from Pexels, chart from TradingView

Editing process Bitcoinist focuses on providing well-researched, accurate, and unbiased content. We adhere to strict sourcing standards, and every page is carefully reviewed by our team of senior technology experts and experienced editors. This process ensures the integrity, relevance, and value of our content to our readers.