US Spot XRP ETF XRPR Hits $100M AUM on Institutional Demand
The REX Osprey XRP ETF (XRPR), the first U.S. spot XRP ETF, launched in September 2025 and has surpassed $100 million in assets under management (AUM) by October 23, 2025. SEC delays on six other spot XRP ETF applications amid a government shutdown positioned XRPR as the sole U.S. reference for spot XRP exposure. Brazil’s Hashed Nasdaq XRP ETF (XRPH11) manages about $52 million in AUM. Institutional demand is rising: CME Group’s XRP futures, introduced in May, have traded over 567,000 contracts (equivalent to $26.9 billion in notional volume) and the exchange recently added XRP options. Treasury manager Evernorth plans a Nasdaq listing and will hold XRP as a core reserve asset. These developments signal growing institutional adoption of XRP as a strategic asset beyond its role as a payment token.
Bullish
The rapid AUM growth of the first U.S. spot XRP ETF and the widening institutional footprint—evidenced by heavy XRP futures and new options trading, plus a major treasury firm holding XRP as a reserve asset—underscore strong demand for XRP products. In the short term, increased ETF flows and futures volume can drive price momentum as traders position for continued inflows. Over the long term, the development of regulated spot ETFs and institutional reserve use suggests deeper market liquidity and resilience, supporting sustained upside for XRP.