XRP ETF by REX-Osprey Launches with $37.7 Million First-Day Trading Volume

The XRP ETF (ticker: XRPR), managed by REX-Osprey, has made a groundbreaking debut in the U.S. market, securing a remarkable first-day trading volume of $37.7 million. This milestone underscores the rapidly growing demand for exchange-traded funds that offer spot exposure to major cryptocurrencies like XRP, one of the largest digital assets by market capitalization. Notably, this performance sets XRPR as the ETF with the highest first-day trading volume among all funds launched in 2025, highlighting its significant market impact.

Strong Momentum for REX-Osprey ETFs

Adding to the momentum, REX-Osprey also rolled out its Dogecoin ETF on the same day. This ETF attracted an impressive $17 million in trading volume, standing out as one of the top-performing ETFs of the year in its debut. Among the 710 ETFs introduced in 2025, the Dogecoin ETF claimed a position in the top five by first-day trading volume. The dual success of these funds emphasizes the increasing investor appetite for cryptocurrency-focused investment products that provide direct access to digital assets in a regulated and easily tradable format.

Industry Recognition and Market Insights

Eric Balchunas, a widely recognized ETF expert and analyst, highlighted the significance of these achievements on the social media platform X, bringing attention to the strong market reception of REX-Osprey's crypto-focused ETFs. Balchunas's commentary reinforces the broader narrative of institutional and retail investors gravitating toward innovative financial products that bridge traditional markets and the booming crypto sector.

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