TLDR
- XRPR ETF debuts, offering partial spot XRP exposure with a compliance twist
- REX-Osprey launches XRPR ETF, blending XRP, Treasuries, and crypto-linked ETFs
- First U.S. spot-style XRP ETF arrives, balancing direct exposure and stability
- XRPR ETF introduces Ripple token access under 1940 Act, sidestepping SEC delays
- REX-Osprey brings hybrid XRP ETF to market alongside Dogecoin and Solana funds
The REX-Osprey XRP ETF is scheduled to launch this week, bringing the first spot-style XRP ETF to the U.S. market. The fund will operate under the ticker XRPR and provide partial direct exposure to XRP, Ripple’s native token. Although the team did not confirm the launch date, official filings confirm the ETF will become effective unless blocked by regulators.
XRP ETF to Offer Spot-Style Exposure with a Structured Twist
REX Shares and Osprey Funds are rolling out the XRPR ETF under the Investment Company Act of 1940. This regulatory structure allows the ETF to include XRP while also holding cash, U.S. Treasuries, and derivatives. The fund is not a pure spot ETF but offers similar exposure through a diversified approach.
This format differs from typical crypto ETFs that rely heavily on derivatives for market exposure. The XRPR fund will hold XRP directly and also allocate at least 40% to other ETFs tied to the token. This structure adds layers of transparency and asset mix stability for compliance under the 1940 Act.
While most U.S. spot crypto ETFs await explicit SEC approval, XRPR bypasses that step using this legal mechanism. The SEC must act within 75 days to block such funds, or they automatically go live. This path allowed the fund to enter the market without the delays seen in Bitcoin ETF approvals.
XRP ETF Market Landscape Expands Beyond Derivatives
Existing XRP ETF products include leveraged offerings like the Teucrium 2x Long Daily XRP ETF and the Volatility Shares Trust XRP ETF. However, these funds do not provide spot exposure and depend heavily on futures-based contracts. As a result, the XRPR fund will stand out with its partial spot-backed model.
These leveraged XRP ETF options cater to short-term traders seeking amplified returns. In contrast, the REX-Osprey XRP ETF targets more balanced exposure while maintaining SEC compliance. Its hybrid structure places it in a unique position among current offerings.
With XRP ranking as the world’s third-largest cryptocurrency, demand for regulated market access continues to rise. XRPR arrives to fill this gap, especially as regulatory clarity around Ripple improves. This launch signals broader ETF diversification beyond Bitcoin and Ethereum.
REX Shares to Expand Product Line with Dogecoin and Solana Funds
REX Shares and Osprey Funds also plan to launch the Dogecoin ETF (DOJE) later this week. This fund will also follow the 1940 Act format and include DOGE, cash, and other liquid assets. Bloomberg Intelligence analyst Eric Balchunas confirmed the Thursday release window for DOJE.
Earlier this year, the firms introduced the REX Osprey Solana Staking ETF (SSK) in June. That product offers exposure to staking-based rewards while maintaining regulatory alignment. REX Shares has shown consistent interest in launching crypto ETFs that follow compliant, diversified structures.
XRPR, DOJE, and SSK mark a growing portfolio of regulated crypto offerings under the REX-Osprey umbrella. These products seek to provide access to major crypto assets while operating under U.S. fund governance standards. With more demand for transparent exposure options, these ETFs aim to meet new market expectations.
