Strong start for XRP ETF: "A good sign for others"

The first exchange-traded fund based on XRP launched in the US, the Rex Shares–Osprey XRPR ETF with the code (ETF), made a remarkable debut by achieving a trading volume of 38 million dollars on its first trading day. The fund, trading under the code XRPR, became the strongest performing product among all ETFs launched this year.

Investors' intense interest has revealed how high the demand is for accessing XRP through an ETF. The Dogecoin ETF, traded under the code DOJE by the same company, also demonstrated a successful performance by reaching a trading volume of 17 million dollars on its first day and became one of the top 5 best-performing ETFs at the start of 2025.

“A good sign for the other expected ETFs”

It is noted that the success of both funds reflects the long-standing investment appetite for the altcoin market. Bloomberg senior ETF analyst Eric Balchunas pointed out that this situation is also a positive sign for other altcoin ETFs waiting for approval from the SEC.

Experts predict that the launch of similar ETF products will accelerate in the upcoming period. Following the SEC's easing of long approval processes for crypto asset-based ETFs, new fund listings are expected to occur in a shorter timeframe.

Published: September 20, 2025 14:38