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REX-Osprey XRP ETF Launches With Record $37.7 Million Volume – Analysts See Bullish Run Toward $15
The first U.S. spot XRP ETF, launched by REX Shares and Osprey Funds, made a powerful market debut. On its opening day, it recorded $37.7 million in trading volume, securing the title of the most successful ETF launch of 2025 so far.
Record Start, Immediate Institutional Interest According to Bloomberg analyst Eric Balchunas, the fund exceeded all expectations – more than $24 million was traded within the first 90 minutes alone. “Remarkable,” Balchunas said, highlighting that the performance even outpaced other popular crypto funds. For comparison: the Dogecoin ETF (DOJE) drew $17 million on its launch day, still ranking among the year’s top five ETF debuts out of more than 700 launches in 2025. The XRP ETF, however, pushed the bar even higher.
Optimism Builds: XRP Targeting $5 to $15 Analysts agree that the launch provides strong structural support for XRP. Market strategist Zenia called the debut a bullish signal confirmed by technical indicators. 🔹 Short-term potential sees XRP rising toward $5
🔹 Long-term outlook points to $15 Derivative markets reacted instantly – futures trading volume jumped more than 120%, while open interest climbed 5% to $8.94 billion. On spot markets, XRP briefly surged 4%, testing resistance at $3.10 before pulling back slightly.
SEC Opens the Door to More XRP ETFs A new SEC framework shortened the approval process for spot digital asset ETFs from 240 days to just 75 days, paving the way for more XRP products as early as October. The Commission is currently reviewing applications from five major issuers: 21SharesBitwiseCoinSharesCanary CapitalGrayscale Decisions are expected by October 19, 2025.
Grayscale Launching Its Own Multi-Crypto ETF Adding to the momentum, today marks the debut of the Grayscale CoinDesk Crypto 5 ETF, which includes XRP, Bitcoin, Ethereum, Solana, and Cardano. This diversified mix could further fuel bullish sentiment toward XRP and strengthen its role in institutional portfolios. Analysts estimate that new crypto ETFs could attract as much as $8 billion in inflows within their first year. If realized, this would firmly establish XRP as a leading institutional-grade crypto investment.
#xrp , #etf , #Ripple , #Altcoin , #blockchain
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