XRP’s first US exchange-traded fund (ETF) has crossed a big milestone. It reached greater than $100 million in belongings below administration (AUM) barely a month after launch.
On October 24, REX-Osprey confirmed that its XRPR product surpassed the mark, signaling robust institutional urge for food for regulated publicity to the digital asset.
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XRP ETF AUM Surpasses $100 Million
The fund, launched in September, affords direct spot entry to XRP and has rapidly attracted buyers in search of compliant avenues to diversify their portfolios.
Its progress highlights not simply speculative enthusiasm but in addition a extra profound structural shift, which reveals that digital belongings have gotten built-in into the core equipment of world finance.
In the meantime, this milestone arrives at a fragile regulatory second.
The US Securities and Trade Fee (SEC) has but to rule on a number of pending spot XRP ETF functions.
At the least six filings just lately reached their evaluation deadlines with out updates, largely because of the company’s diminished operations because the October 1 federal authorities shutdown.
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This delay has successfully frozen progress on ETF approvals, leaving market members to gauge institutional sentiment by means of present merchandise like XRPR.
Institutional Curiosity in XRP Rises
Nevertheless, even with regulatory inertia, institutional exercise round XRP continues to increase.
CME Group, the world’s largest derivatives market, just lately launched XRP choices after a robust uptake of its XRP futures contracts.
The trade reported over 567,000 futures contracts traded up to now. That is equal to roughly $26.9 billion in notional quantity or about 9 billion XRP tokens.
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CME stated consumer demand for the brand new choices product grew organically as merchants sought to hedge volatility and broaden publicity.
Curiously, that momentum extends past the derivatives market, with outstanding crypto merchants and establishments accumulating XRP.
Distinguished crypto dealer James Wynn just lately disclosed plans to allocate a “good portion” of his portfolio to XRP. He stated the token has the potential to modernize international banking infrastructure.
“I consider it might revolutionize the banking programs. It’s a raffle, as all investments are,” he wrote.
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Evernorth, a brand new treasury agency branded the “MicroStrategy of XRP,” has pledged to carry the token as a core balance-sheet asset. Its shares are anticipated to commerce on Nasdaq, a transfer that underscores the tightening hyperlink between digital liquidity and conventional markets.
In the meantime, different companies, together with VivoPower Worldwide, Trident Digital Tech Holdings, and Webus, have additionally quietly gathered XRP.
On the identical time, Ripple continues to construct aggressively across the token.
Ripple CEO Brad Garlinghouse highlighted the agency’s ongoing acquisition technique, which incorporates GTreasury, Rail, Normal Custody, and Metaco. He acknowledged that these efforts are designed to increase Ripple’s cross-border settlement and liquidity community.
“As we proceed to construct options in the direction of enabling an Web of Worth – I’m reminding you all that XRP sits on the heart of all the things Ripple does,” Garlinghouse stated.
Collectively, these developments mark XRP’s transformation from a speculative commerce to a maturing institutional asset that bridges conventional finance with blockchain-driven liquidity networks.