Overview
- REX-Osprey’s XRPR surpassed $100 million in assets under management as of Oct. 23, one month after its U.S. launch.
- XRPR is the first U.S.-listed product offering regulated spot exposure to XRP and it pursues this via an at-least-80% allocation to XRP and related instruments through a subsidiary rather than direct custody.
- CME Group rolled out options on XRP futures after five months of trading, reporting more than 567,000 futures contracts and $26.9 billion in notional volume since May.
- Regulatory reviews for other spot XRP ETF proposals remain on hold due to the U.S. government shutdown, leaving XRPR as the primary gauge of domestic investor demand.
- Outside the U.S., Hashdex’s Brazilian XRP ETF holds about $52 million, and institutional positioning includes Evernorth’s plan to hold XRP as a core reserve asset.