First U.S. Spot XRP ETF Surpasses $100M in Assets Under Management
CoinDesk
The first U.S. spot XRP ETF, XRPR, reached over $100 million in AUM one month after launching in September.Summary
The REX-Osprey XRP ETF (XRPR), the first U.S.-listed exchange-traded fund offering spot exposure to XRP, has rapidly grown, surpassing $100 million in assets under management (AUM) just one month after its September launch. This milestone is significant as the SEC has delayed rulings on other spot XRP ETF applications due to a government shutdown, making XRPR a de facto benchmark for U.S. market interest. In contrast, the world's first spot XRP ETF, Hashdex Nasdaq XRP (XRPH11) in Brazil, holds about $52 million in assets. Institutional interest in XRP is also accelerating, evidenced by CME Group adding XRP options following strong demand for its XRP futures, and firms like Evernorth positioning XRP as a core reserve asset.
(Source：CoinDesk)