Rex-Osprey XRP ETF Expected to Launch Today, Soars 1.66%

On September 12, Rex-Osprey officially completed the 75-day review period, as directed by the U.S. Securities and Exchange Commission. With approval, the Rex-Osprey XRP ETF is expected to launch today. 

JUST IN: 🇺🇸 Rex-Osprey $XRP ETF set to launch today. pic.twitter.com/cEGjVSMeRm

— Whale Insider (@WhaleInsider) September 12, 2025

The launch shows a growing acceptance of cryptocurrency in the mainstream financial sector. These crypto ETFs are opening the floodgates for billions of dollars in new institutional investment. 

The REX-Osprey XRP ETF, developed by financial firms REX Shares and Osprey Funds, received the green light after the U.S. Securities and Exchange Commission completed its mandatory 75-day review period without raising any objections.

This silence from regulators effectively allows the fund to proceed under the Investment Company Act of 1940. 

Bloomberg ETF analyst Eric Balchunas confirmed the development, noting that while a last-minute SEC intervention remains technically possible, it is highly unlikely at this stage.

Growing Demand for XRP ETF

This ETF will provide investors with direct exposure to XRP, the digital token associated with the Ripple network that is designed to facilitate fast, low-cost cross-border transactions. 

Unlike futures-based products that derive their value from contracts, this fund will hold actual XRP tokens. This structure allows both retail and institutional investors to gain regulated access to the cryptocurrency through traditional brokerage accounts, completely bypassing the technical challenges of setting up crypto wallets or dealing with digital asset exchanges. 

The fund is structured to invest at least 80% of its net assets in XRP or related financial instruments, potentially through a Cayman Islands subsidiary for operational efficiency.   

This approach simplifies entry into the crypto market for traditional finance players while offering the liquidity, transparency, and regulatory oversight they expect from conventional stock market products. 

XRP ETF Could Attract Major Inflows

Analysts predict the ETF could attract major inflows, potentially bringing billions of dollars in institutional capital that would further integrate the cryptocurrency into the global financial system. 

However, the path to this launch has not been entirely straightforward. While the SEC’s lack of objection during the review period shows progress, Balchunas and other experts have noted the risk of eleventh-hour regulatory challenges, similar to those that have delayed other crypto financial products in the past. 

The ETF’s structure as a registered investment company differs from traditional spot ETFs for Bitcoin and Ethereum, which underwent a more rigorous process under the Securities Act of 1933. 

This hybrid approach has enabled faster rollout, which takes approximately seven to eight months from initial filing to launch, but it does not guarantee that the fund will hold entirely direct spot XRP, as some exposure may be achieved through structured instruments rather than pure token ownership. 

The launch is part of a new wave of ETF activity expected to occur in 2025. More than 11 spot XRP ETF applications are currently pending SEC approval, with decision deadlines clustered throughout October and November. 

Major financial firms, including Bitwise, Grayscale, 21Shares, WisdonTree, and Franklin Templeton, have all filed for their own XRP products. This surge of interest follows Ripple’s partial legal victories against the SEC, which have provided greater regulatory clarity around XRP’s status. 

The introduction of this ETF highlights XRP’s evolution from a payments-focused digital currency to a viable institutional asset class. With Ripple’s partnerships expanding globally and regulatory conditions improving under a pro-crypto administration, the REX-Osprey debut could catalyze major price movement for the cryptocurrency. 

XRP Soars 1.47%

XRP is holding steady at $3.04, with a market value of $181 billion, as buyers successfully defend the key $3 support level. The price has stabilized following a recent pullback from a local high of $3.075, with trading volume remaining strong at $5.25 billion over the last 24 hours, according to CoinMarketCap.

On shorter-term charts, XRP is currently trading in a tight range between $3.02 and $3.075, showing a pattern of higher lows that maintains a constructive outlook despite some minor bearish signals.