Crypto Chaos: XRP ETF Shatters Records Like It’s Got Superpowers!

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REX-Osprey’s shiny new XRP ETF has landed, and boy, did it come in like a wrecking ball smashing volume records left and right. In just the first 90 minutes, XRPP managed to trade five times more than all previous XRP futures combined-because who needs modesty anyway? 🤯

Meanwhile, their Dogecoin ETF decided to play the dark horse and completely ignore the bearish grumbles from the peanut gallery, outperforming expectations like a golden retriever fetching a championship 🐶🏆. Together, these breakout stars might just prove that the altcoin ETF party has only just begun.

The XRP ETF That Took the Crown (And Probably Your Lunch Money)

The mere mention of an XRP ETF gets the crypto crowd buzzing like a swarm of caffeinated bees, especially after years of regulatory cliffhangers that could rival any soap opera.

And on September 18, 2025, REX-Osprey dropped their US-listed XRP ETF on the Cboe market, ticker XRPR, causing quite the digital ruckus.

But before you start dreaming of pure, unadulterated spot XRP swimming in this fund, hold your horses-it’s more of a cocktail: a majority in spot XRP mixed with some XRP-backed ETPs. So not quite ‘100% pure spot,’ but hey, who’s counting?

SEMI-SHOCK: Rex XRP ETF $XRPP is already at $24m in volume. That is way more than I would have thought. For context it’s 5x more than any of the XRP futures ETFs did on Day One and it’s only been 90min.

– Eric Balchunas (@EricBalchunas) September 18, 2025

If you thought previous XRP futures ETFs were the cool kids on the block, XRPP just showed up with a rocket launcher, blowing those records out of the water with five times their volume. And at $24 million and counting, this fund might just be the new heavyweight champ.

The Altcoin ETF Bonanza: More Than Just Hype?

Not stopping with XRP, REX-Osprey also rolled out a Dogecoin ETF the same day. After some mysterious delays that probably involved hushed meetings and maybe a standoff with a mystical “blockchain oracle,” traders were skeptical. “Dogecoin? Really?” they said. “What’s next, a Shiba Inu ETF?”

But surprise! This scrappy Dogecoin ETF scoffed at the skeptics and racked up $6 million in volume faster than you can say “to the moon.” 🚀

These spicy ETFs show that altcoins might not just be a sideshow. Analysts fretted that big shots like BTC and ETH would hog the limelight forever, but REX-Osprey’s success might just rewrite that script with a big, bold “plot twist.”

🚨 The REX-Osprey $XRP ETF ( $XRPR ) makes its Wall Street debut at $25.82!

Momentum is real. 🔥🚀

– John Squire (@TheCryptoSquire) September 18, 2025

Why This Isn’t Your Grandma’s XRP ETF

Now, let’s get nuanced. XRPR isn’t your typical spot Bitcoin ETF sipping straight from the crypto fountain. Instead, it’s more like a fancy cocktail crafted under the Investment Company Act of 1940-half spot XRP, half derivatives and XRP-backed products. It’s the ETF equivalent of “let’s mix things up and see what happens.”

Fancy? Sure. Transparent? Maybe not so much. This structure means you get regulated access, but also come along for the ride with tracking risks, extra fees, and that charming cloak of mystery that only financial instruments can wear.

Also, don’t go yelling “SEC approval!” just yet. XRPR got the green light thanks to some updated listing rules that make launching crypto ETFs a touch less Herculean, but the holy grail of pure spot XRP ETFs is still hanging in the regulatory queue, nursing its paperwork and dreams.

So yes, XRPR is a step forward in bringing XRP to American investors who want a slice of the action without diving into the wild west of crypto exchanges, but it’s not quite the regulatory breakthrough that Bitcoin ETFs achieved earlier. Baby steps, people.

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2025-09-18 21:02