First U.S. XRP ETF To Launch This Week?

REX Shares and Osprey Funds Plan an XRP ETF

The crypto market is buzzing with anticipation as REX Shares and Osprey Funds are reportedly preparing to launch the first U.S. XRP ETF this week. If approved, this product would mark a significant milestone for XRP investors and the broader digital asset industry.

Following the success of spot Bitcoin ETFs earlier this year, many traders and institutions are now closely watching whether XRP can achieve the same breakthrough.

How This XRP ETF Differs From Spot ETFs

Unlike traditional spot ETFs, the proposed XRPR ETF will not allocate all of its assets directly to XRP. According to filings with the SEC, a maximum of 25% of the fund’s holdings will be invested in XRP. The remainder will be diversified into U.S. Treasury bonds, money market funds, cash, and even other crypto ETFs.

This structure aims to reduce volatility while offering indirect exposure to XRP. It also highlights a cautious approach from issuers as they navigate regulatory hurdles.

Filed Under the Investment Company Act of 1940

Another key difference is the legal framework. The XRP ETF has been filed under the Investment Company Act of 1940, rather than the Securities Act of 1933 that governs most spot ETFs.

SEC Chair Gary Gensler previously emphasized that Bitcoin spot ETFs were approved largely due to the pre-existing futures market for BTC. XRP, however, does not have an established futures market, which could explain the regulator’s cautious stance.

Dogecoin ETF May Follow Soon

Alongside the XRP product, REX-Osprey is also preparing to launch a Dogecoin ETF. Although it faced minor delays last week, sources suggest it could debut as early as Thursday.

Bloomberg analyst Eric Balchunas even predicted that several Dogecoin ETFs filed under the 1933 Act could receive SEC approval within the next two months, signaling increasing regulatory openness to diverse crypto assets.

What It Means for the Crypto Market

Even though this XRP ETF may not be a pure spot product, its launch would still represent a breakthrough for the industry. It would provide traditional investors with an easier way to gain exposure to XRP while potentially paving the way for more comprehensive ETFs in the future.

If successful, the fund could replicate the strong market impact seen with spot Bitcoin ETFs — attracting institutional capital and reinforcing XRP’s role as one of the leading digital assets.

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.