The first US Spot XRP ETF exceeded 100 million dollars.

REX-Osprey XRP ETF's Success

REX-Osprey XRP ETF (XRPR) has surpassed 100 million dollars in assets under management (AUM) just one month after its launch in September. This ETF provides investors with direct exposure to the XRP asset.

Status of Other ETFs

Despite delays in the approval processes of other spot XRP ETFs, XRPR serves as a benchmark for determining the level of interest in XRP in the U.S. market. In Brazil, the Hashdex Nasdaq XRP (XRPH11), while initially launched, has accumulated approximately 52 million dollars in assets.

Institutional Interest in XRP is Growing

Institutional activities being built are showing a significant increase in XRP. CME Group reports high trading volumes for XRP futures and options. Additionally, Evernorth has committed to holding XRP as its primary reserve asset.