The cryptocurrency market reached a significant milestone on September 18, 2025, with the launch of the REX-Osprey XRPR ETF. This was the first spot ETF for XRP to be listed in the United States, attracting an impressive trading volume of $37.7 million. The development has sparked renewed interest among investors and analysts, raising questions about the future price trajectory of XRP amidst increasing institutional adoption.
REX-Osprey XRP ETF Achieves $37.7 Million in Volume
The launch of the REX-Osprey XRPR ETF marks a historic moment for the cryptocurrency sector, providing investors with regulatory exposure to XRP through a traditional exchange-traded fund structure.
According to data shared by Eric Balchunas, a prominent ETF analyst, the XRPR ETF recorded a staggering $37.7 million in trading volume on its first day. This figure surpasses the initial performance of the $IVES ETF, setting a new benchmark for ETF launches in 2025.
$XRPR traded $37.7m on Day One, which edges out $IVES for the biggest day one (natural) $ volume of any 2025 launch. $DOJE is no slouch at $17m, which would be Top 5 for the year.. out of 710 launches. Good sign for the onslaught of 33 Act ETFs coming soon.. pic.twitter.com/JaQP9ekFIq
— Eric Balchunas (@EricBalchunas) September 18, 2025
The data from Balchunas indicates a volume of 1,462,622 shares traded at a last price of $25.728. This robust initial performance outshined the $17 million generated by the REX-Osprey DOJE ETF for Dogecoin, signaling strong demand for XRP in the regulated investment landscape.
Balchunas noted that this success is promising for the anticipated wave of 33 Act ETFs, suggesting a potential shift towards broader public acceptance of financial products based on altcoins.
XRP Price Forecast: Is the Cryptocurrency Set for a Major Upsurge?
The impressive debut of the XRPR ETF has fueled optimistic sentiments within the XRP community, with many speculating that this could act as a catalyst for a significant price increase.
Analysts and enthusiasts have highlighted the ETF’s $37.7 million trading volume as evidence of growing institutional interest, which could lead to substantial inflows in the coming months.
Some predict that if XRP can maintain its current support levels around $3.00, the price could rise to $5 or more. In particular, buying pressure tied to ETFs could intensify once the SEC approves numerous “33 Act” filings currently under review.
From a technical perspective, the price of the Ripple token is oscillating within a crucial support zone between $2.75 and $3.12. A breakout from a descending channel suggests that XRP retains bullish prospects, with both the RSI and MACD on the daily chart signaling bullish momentum.
If the upward momentum continues, XRP could find itself within the $5 to $10 range. The dynamics of ETFs and Ripple’s expansion into global payment networks, including RLUSD, will be pivotal factors. Regulatory developments and macroeconomic conditions, such as potential interest rate cuts by the Fed in 2025, could further bolster bullish sentiment.
John is a seasoned journalist at The Bothside News, specializing in balanced reporting across news, sports, business, and lifestyle. He believes in presenting multiple perspectives to help readers form informed opinions. His work embodies the publication’s philosophy that truth emerges from examining all sides of every story.
