TLDR
- The REX-Osprey XRP ETF reached $37.7M in volume on its first trading day.
- Analysts forecast XRP could rise to $5 short-term and $15 long-term.
- REX-Osprey uses unique legal strategies to secure XRP ETF compliance.
- The success of the XRP ETF signals growing institutional crypto interest.
The REX-Osprey XRP ETF has made a notable debut, recording an impressive $37.7 million in trading volume on its first day. The launch of this U.S.-listed exchange-traded fund marks a milestone in the cryptocurrency market. With institutional interest peaking, market analysts are now projecting a bullish future for XRP, suggesting potential price rallies to $5 short-term and even $15 in the long run.
Record-Breaking Launch for the REX-Osprey XRP ETF
The REX-Osprey XRP ETF launched under the ticker symbol XRPR on Thursday, marking a pivotal moment in the cryptocurrency investment landscape. The ETF’s debut was met with strong demand, posting $37.7 million in trading volume on its first day. This figure has set a new record for ETF launches in 2025, signaling the growing appeal of XRP as an investment asset.
The strong start for the XRPR ETF exceeded expectations, attracting substantial attention from institutional investors. The launch is seen as a sign of increasing mainstream acceptance of cryptocurrency-based investment vehicles. It also follows the success of the REX-Osprey Solana ETF, which was the first to provide staking rewards for SOL in the U.S.
Strategic Legal Structure to Ensure Compliance
REX Shares and Osprey Funds, the companies behind the XRP ETF, took a unique legal approach to bring this product to market. By registering the ETF under the Investment Company Act of 1940, they ensured compliance with U.S. regulatory standards. This strategy differs from other firms that filed for approval under the Securities Act of 1933, which involves a longer approval process.
The use of this legal framework allows REX-Osprey to offer spot exposure to XRP while maintaining investor protection mechanisms. Analysts note that the strategic use of derivatives and other financial instruments helps navigate legal restrictions that prevent the ETF from holding all its assets in a single cryptocurrency. This structure has set the ETF apart from others seeking approval to track XRP or similar assets.
Market Analysts Forecast a Bullish Run
Following the ETF’s successful debut, analysts are projecting a positive outlook for XRP’s price. Zenia, a well-known market analyst, has forecasted a potential rally for XRP, with price targets of $5 in the short term and $15 in the long run. This forecast is supported by technical indicators, which suggest a bull flag breakout for the token.
The record-setting volume on day one of the ETF’s launch signals strong demand and market confidence in XRP. With this level of institutional participation, XRP is gaining increased legitimacy in the eyes of traditional investors. Analysts expect that the ETF’s performance will bolster XRP’s position in the market, potentially leading to significant price appreciation.
The Path Ahead for Crypto ETFs
The success of the REX-Osprey XRP ETF is paving the way for other crypto ETFs. Following the approval of Bitcoin and Ethereum ETFs, the SEC has shown signs of becoming more receptive to altcoin-based exchange-traded funds. However, the approval process for other altcoin ETFs, including those focused on Solana and Cardano, remains a work in progress.
As the regulatory landscape continues to evolve, more ETFs focused on other cryptocurrencies are expected to launch. The positive response to the XRP ETF serves as a clear indicator that crypto ETFs are becoming a more accepted and attractive investment option for both retail and institutional investors. The upcoming decisions on several spot XRP ETF applications are likely to influence market trends, especially as regulatory clarity grows.
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