REX-Osprey XRP ETF hits $37.7M in first-day trading, with analysts predicting XRP could reach $5 short-term and $15 long-term.
The REX-Osprey XRP ETF has had a successful launch, reaching $37.7 million in its first-day trading volume. This marks the highest debut for any exchange-traded fund (ETF) in 2025. The launch has generated substantial interest from both institutional investors and market analysts. The XRP ETF’s performance has led to predictions of a bullish trend for the cryptocurrency in the near future.
The REX-Osprey XRP ETF, developed by REX Shares and Osprey Funds, introduced the first-ever U.S.-listed ETFs offering direct exposure to XRP. This ETF recorded a strong $37.7 million in trading volume on its first day, according to Bloomberg analyst Eric Balchunas.
The ETF quickly gained attention, surpassing $24 million in trading volume within the first 90 minutes of its debut. This impressive start places the launch among the top five ETF debuts of the year.
The rapid growth of the ETF is attributed to institutional interest and the growing demand for crypto-related investments. Balchunas noted that even the Dogecoin ETF, DOJE, saw $17 million in its first-day trading, highlighting the strong performance of the XRP ETF launch.
Following the successful debut of the REX-Osprey XRP ETF, market analysts have become optimistic about the future of XRP. Analyst Zenia, using technical analysis, predicts that XRP could see a price surge. He pointed out a potential bull flag breakout suggesting that XRP may rise toward $5 in the short term, with a longer-term target of $15.
Zenia emphasized that the ETF’s introduction provides structural support for XRP in the market. This could help stabilize and drive the price upward, with both short-term and long-term gains expected. The analyst also highlighted the growing institutional interest in XRP as a positive indicator for the token’s future.
The launch of the REX-Osprey XRP ETF comes at a time when the U.S. Securities and Exchange Commission (SEC) has introduced new rules that streamline the approval process for digital asset ETFs. These changes cut the approval timeline for spot crypto ETFs from 240 days to just 75 days, leading to an influx of new ETF applications.
The SEC has delayed its decisions on several other spot XRP ETF applications, including those from major firms such as 21Shares, Bitwise, and Grayscale. These decisions are expected by October 19, 2025. As more XRP ETFs are expected to launch, the market could see increased demand for XRP, further boosting its price.
Analysts anticipate that these new funds could attract substantial institutional investments. Some estimates suggest that these ETFs could draw as much as $8 billion in inflows during their first year. If such demand materializes, XRP could solidify its position as a leading digital asset in the institutional investment space.
The post REX-Osprey XRP ETF Sees Strong Debut with $37.7M in Trading Volume appeared first on Live Bitcoin News.
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