Oh, what a curious little coin! The first U.S. exchange-traded fund offering spot exposure to XRP has leaped over a mountain of cash-$100 million in assets under management, to be precise. A tidy sum, wouldn’t you say?
According to the clever folk at REX Osprey, their REX-Osprey XRP ETF (ticker: XRPR) achieved this feat in mere weeks after launching on September 18. The fund allows investors to tuck XRP-a cryptocurrency now nestled comfortably in the fourth seat of market cap royalty-into their portfolios. How very modern.
The U.S. Securities and Exchange Commission (SEC), ever the slowpoke, has postponed decisions on six other XRP ETFs because, well, the government was taking a long nap. This delay has made XRPR the star of the show, measuring the American public’s appetite for XRP with all the drama of a chocolate factory tour. 🍫
A Tale of Two Markets
While XRPR’s inflows dance like a sugarplum fairy, Brazil’s Hashdex NASDAQ XRP ETF, which launched earlier, clings to a modest 282 million Brazilian reals (about $52 million). The U.S. market, it seems, has embraced XRP with the enthusiasm of a child spotting a candy store. 🍬
JUST IN: REX‑Osprey’s $XRP ETF (XRPR) passes $100,000,000 AUM in under a month.
– Whale Insider (@WhaleInsider) October 26, 2025
Market analysts, those wizards of numbers, whisper that the ETF’s success is a blend of rising confidence in digital assets and a craving for “regulated onramps.” Many investors prefer ETFs over direct holdings-probably because they’re too lazy to wrestle with U.S. tax rules. Blame the IRS. 🧙♂️
Institutional Activity Expands
Beyond ETFs, institutions are now playing with XRP like children with fireworks. CME Group recently expanded its XRP offerings with options, following the success of its futures market. Since May, CME has reported 567,000 contracts traded, totaling $26.9 billion. That’s more than enough to buy a small island and name it “Profit Land.” 🏝️
Corporates Join the XRP Play
The corporate world is now hopping aboard the XRP express. Evernorth, a firm preparing for a NASDAQ listing, announced plans to hold XRP as a core reserve asset. This decision is as shocking as finding a snowman in July. It reflects a broader trend of companies diversifying into digital currencies-because nothing says “financial stability” like cross-border payments and liquidity management. 💼
As for the crypto market? It’s tiptoeing upward like a mouse in a library. Total value now hovers around $3.84 trillion, up 2% in a day. Bitcoin ($BTC) trades near $113,000, Ethereum ($ETH) crosses $4,000, and XRP ($XRP) winks at $2.64, having jumped 11% this week. All in a day’s work for these magical coins. 🚀
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2025-10-26 15:38