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XRP Spot ETF Debut Hits $37.7 Million as Crypto Pauses After Fed Cut

The launch underscores growing institutional demand for regulated altcoin exposure.

Overview

  • REX‑Osprey’s XRPR, the first U.S. spot ETF tied to XRP, recorded $37.7 million in first‑day trading, topping 2025 ETF debuts cited by analysts.
  • XRP briefly spiked to about $3.13 on the fund’s launch day before easing to roughly $3.00, with some analysts citing conditional $5–$10 scenarios if inflows build.
  • A U.S. Dogecoin ETF (DOJE) also rolled out this week with strong early activity, including nearly $6 million traded in its first hour and $17 million on day one.
  • Bitcoin is consolidating near $115k–$117k and Ether around $4.46k after the Federal Reserve’s 25 bp rate cut, with traders watching resistance around $118k for BTC.
  • Recent flow data show rotation across ETFs, with about $751 million in September outflows from Bitcoin funds versus roughly $4 billion of inflows to Ethereum products, according to reporting.