First U.S. Spot XRP ETF Set to Launch

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The REX-Osprey XRP ETF (XRPR) is expected to begin trading in the U.S. this Friday — marking the first spot ETF for XRP, the third-largest cryptocurrency.

Cleared the SEC’s 75-day review window under the 1940 Act (a faster route than the 1933 Act used for Bitcoin ETFs).
Launch will give investors direct spot exposure to XRP.
Industry analysts see this as a key litmus test for spot XRP ETF demand, with futures-based products already nearing $1B AUM.

If successful, this could set the tone for a wave of altcoin ETFs.