REX Shares will lead the way to launch the first XRP spot ETF in the United States
Source: CoinWorld
Time: 2025-09-16 10:50:23
REX Osprey plans to launch its first U.S. spot XRP ETF this week, coded with XRPR, which may be available as early as Thursday. This ETF is not a “pure spot” product, and at least 80% of the funds are invested in XRP-related assets, including derivatives and cryptocurrency ETFs. Bloomberg analysts point out that the ETF differs from other proposals in that it is registered under the Investment Companies Act of 1940. REX Shares also plans to launch a Dogecoin ETF on the same day. XRP traded close to $3, down 2% in 24 hours.