- Rex-Osprey to launch the first U.S. spot XRP ETF this week
- XRP becomes the third-largest crypto with a spot ETF
- $XRPR aims to bring institutional access to XRP exposure
Rex-Osprey, a U.S.-based asset management firm, has officially announced that it will launch the first-ever spot XRP ETF—$XRPR—this week. This marks a historic moment for Ripple’s XRP, making it the third-largest cryptocurrency by market cap to receive an ETF product in the United States, following the footsteps of Bitcoin and Ethereum .
The move comes after growing demand for diversified crypto investment products, particularly ones that offer regulated, institutional-grade access to digital assets. The launch of $XRPR is set to change the landscape for both retail and institutional investors looking to gain exposure to XRP without directly owning the cryptocurrency.
What is the $XRPR ETF and Why Does it Matter?
The $XRPR ETF by Rex-Osprey provides direct, spot-market exposure to XRP, rather than tracking futures contracts. This is significant because spot ETFs are generally seen as a more accurate representation of an asset’s real-time value.
Until now, U.S. investors had limited options to gain exposure to XRP through regulated financial instruments. With $XRPR, accredited and retail investors can now include XRP in their portfolios without navigating complex crypto exchanges or managing private wallets.
This ETF also reinforces Ripple’s growing legitimacy in traditional financial markets, especially following regulatory clarity around its operations and ongoing legal battles with the SEC.
A New Era for XRP and Crypto ETFs in the U.S.
The introduction of a spot XRP ETF may open the door for further altcoin ETFs in the near future. While Bitcoin and Ethereum have dominated ETF conversations, XRP’s inclusion signals a shift toward broader acceptance of alternative digital assets.
As the third-largest crypto by market cap, XRP has long had a dedicated user base and use case focused on cross-border payments. The $XRPR ETF could boost XRP adoption by bringing in traditional investors who were previously cautious about crypto volatility or regulatory concerns.
With this launch, Rex-Osprey positions itself at the forefront of crypto-based ETFs, and XRP takes another step closer to mainstream acceptance.
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