The REX-Osprey XRP ETF has crossed $100 million in assets under management just five weeks after its September 18 debut, reflecting growing institutional demand for XRP exposure.
The ETF allows investors to track XRP’s price performance without directly holding the cryptocurrency.
It has quickly overtaken the Hashdex Nasdaq XRP ETF, which has about $52 million in assets.
The surge comes amid heightened activity in XRP markets — CME Group recently added XRP options to meet rising demand following strong futures trading, with over 567,000 contracts worth $26.9 billion traded since May.
Institutional adoption is also increasing, as Evernorth, a new treasury company preparing for a Nasdaq listing, has committed to holding XRP as a reserve asset.
The ETF’s strong growth signals XRP’s re-emergence as a strategic digital asset among professional investors after years of regulatory uncertainty.
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