It refers to the REX-Osprey XRPR ETF, the first U.S.-approved spot XRP ETF, marking a significant milestone for the broader crypto market. The company stated on X that, as of October 23, 2026, the fund’s total assets had exceeded $100 million:
“We are proud to announce that the REX-Osprey™ XRP ETF (ticker XRPR) has surpassed $100 million in assets under management. XRPR is the first U.S. ETF to offer investors direct spot exposure to XRP.”
The fund was launched only in September of this year and is already showing strong interest from institutional investors.
Over the past week, XRP has risen by 11.4%, outperforming every other top-10 cryptocurrency. Among the new investors is well-known leverage trader and crypto influencer James Wynn, who publicly disclosed an allocation to the altcoin.
Meanwhile, additional XRP-ETF applications from Grayscale, Bitwise, and 21Shares remain under review. If approved, they could attract additional institutional capital into the Ripple ecosystem and further strengthen XRP’s position in the market.