XRP ETF Hits $100M as CME’s XRP Futures Surge Amid Institutional Interest

TLDR

• The REX-Osprey XRP ETF has reached a milestone of $100 million in assets under management.
• CME Group has expanded its XRP derivatives offering with the launch of options on XRP futures.
• The XRP ETF milestone indicates growing institutional demand for regulated crypto investment products.
• XRP futures have seen significant trading volume, reflecting rising institutional confidence in the asset.
• Ripple’s acquisition of Hidden Road, now Ripple Prime, strengthens the company’s market presence.

The first U.S. spot XRP ETF, the REX-Osprey XRP ETF (XRPR), has reached a new milestone with $100 million in assets under management (AUM). This achievement reflects increasing investor interest in regulated exposure to XRP. Institutional adoption of the digital asset continues to grow as the XRP market becomes more mainstream.

XRP ETF Reaches $100 Million Milestone

The REX-Osprey XRP ETF has officially hit the $100 million AUM mark, signifying a key step in the growth of XRP within the institutional space. According to REX Shares, this milestone highlights the growing demand for regulated investment vehicles in digital assets. The company shared the news on X, underscoring the significance of XRP’s institutional presence.

The fund has experienced rapid growth since its launch, driven by investor interest and regulatory clarity. “We’ve seen a strong demand for XRP exposure as the market becomes more regulated,” said REX Shares. The firm also noted that this milestone sets the stage for further institutional adoption of XRP and similar assets.

The rising popularity of the XRP ETF signals a shift toward more compliant crypto investments. The growth of the ETF also correlates with the increasing adoption of cryptocurrencies by institutional players seeking regulated products. With growing interest in XRP, the ETF offers a secure and regulated entry point for investors.

CME Expands XRP Derivatives with New Options

CME Group has expanded its XRP derivatives offerings, launching options on XRP futures. This expansion comes after strong demand for its XRP futures product, which debuted in May. The new options product offers institutional traders additional tools to manage exposure to XRP.

CME’s XRP futures have seen impressive growth, with over 567,000 contracts traded, reflecting a notional volume of $26.9 billion. The rise in trading volume suggests growing optimism about XRP’s long-term prospects. CME’s move to introduce options on XRP futures highlights the demand from institutional traders for more diversified XRP products.

The CME’s expansion of XRP derivatives is a clear indicator of institutional confidence in the asset. Traders now have multiple avenues to gain exposure to XRP, including spot, futures, and options products. This creates a more robust market for XRP, benefiting both institutional and retail investors.

XRP’s Price and Market Activity Show Growing Institutional Confidence

XRP’s price has increased by 3.47% over the past 24 hours, reaching approximately $2.47. Over the past week, the token has gained 6.46%, continuing its upward trend. This price increase is attributed to the growing institutional involvement and strong market demand.

According to CoinGlass, derivative market activities indicate that XRP futures volume increased by 8.66%, reaching $5.98 billion. Open interest in XRP futures has also increased by 5.20%, reaching $3.88 billion. These metrics indicate a surge in confidence among leveraged traders, further cementing XRP’s institutional momentum.

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