Here’s how America’s first XRP ETF has performed so far
The United States’ first spot XRP exchange-traded fund (ETF) has been live for just under two weeks, showing modest weakness since its debut. Specifically, the REX-Osprey XRP ETF (XRPR) launched on September 18 at $25.83. By press time, it was trading at $24.15, a decline of about 6.5% since launch. XRPR price chart. Source: TradingView This pullback mirrors a common trend seen with newly listed crypto ETFs, where early liquidity, market-making activity, and initial trading flows often create short-term volatility. Notably, the REX-Osprey XRP ETF received expedited approval due to its unique regulatory structure. Unlike traditional spot crypto ETFs, which can take up to 240 days for SEC review under the Securities Act of 1933, REX-Osprey was structured under the Investment Company Act of 1940, shortening the review to around 75 days. The SEC’s recent adoption of generic listing standards for commodity-based ETFs on major exchanges like Nasdaq, Cboe BZX, and NYS...