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The first exchange-traded fund in the United States offering exposure to the Ripple token – XRP, has passed a key milestone, surpassing $100 million in assets under management just a few weeks after its debut.
The REX-Osprey XRP ETF Fund (ticker: XRPR), launched on September 18, 2025, is already managing over $100.89 million in assets, according to data shared by the publisher REX Shares on the X platform.
The rapid growth highlights the increasing interest of investors in diversified crypto products beyond Bitcoin and Ethereum.
Data from CME Group further shows that institutional appetite for XRP is increasing. Since the launch of XRP and Micro XRP futures in May, over 567,000 contracts have been executed, representing a cumulative trading volume of approximately $26.9 billion.
The market performance of XRP is also improving. In the last 24 hours, the token has slightly risen to $2.63, with its total market capitalization reaching around $157.8 billion. XRPR remains the first fund in the U.S. offering direct exposure to spot XRP, albeit under a structure different from a traditional SEC-approved ETF.
While the official spot XRP ETFs are still awaiting regulatory approval in the US, the success of the REX-Osprey fund shows that investor interest in XRP-based financial products continues to grow – even before the formal green light from regulators.