XRPR: US Spot XRP ETF Breaks $100 Million Milestone, Outpacing Global Competition

The U.S. market for XRP has witnessed a significant turning point with the launch of the first spot XRP ETF, XRPR. Launched in September, the REX-Osprey XRP ETF quickly surpassed $100 million in assets under management in just one month, showcasing strong investor interest. This success contrasts with other global competition, such as the Brazil-based Hashed Nasdaq XRP (XRPH11) which manages around $52 million in assets. 2023’s SEC delays on numerous spot XRP ETF applications have accelerated XRPR’s growth, positioning it as a crucial reference point for investors.