XRP ETF Tops $100M, Signals Institutional Demand

REX-Osprey’s spot XRP ETF (ticker XRPR) has surpassed $100 million in assets under management just four weeks after its September 18 debut on Cboe BZX. As the first U.S.-listed XRP ETF, this fund offers investors regulated XRP exposure without self-custody. The rapid inflows mirror early demand seen in Grayscale’s Ethereum Trust and Bitwise’s Bitcoin Fund, cementing XRPR as a benchmark for altcoin ETFs. A temporary SEC freeze on six competing applications during the U.S. government shutdown granted XRPR first-mover advantage, helping it outpace Brazil’s Hashdex XRP ETF and drive trading volume. Meanwhile, XRP futures on CME reached 500,000 trades and $27 billion in notional volume since May. XRP’s price has climbed 11% to $2.64, while the broader crypto market tops $3.84 trillion. Traders should watch ongoing ETF inflows and SEC decisions as catalysts for XRP’s short-term momentum and long-term institutional adoption.