The newly launched Rex-Superprey XRP Exchange-Traded Fund has placed the strongest debut of each US ETF that was introduced in 2025.
On September 18 Bloomberg Intelligence analyst Eric Balchunas noted That the product, trading under the Ticker XRPR, has registered $ 37.7 million in natural volume, making it the most actively trading ETF on the launch day this year.
According to Balchunas, the scale of activity was clear from the opening bell. Within 90 minutes after the launch, the fund had already crossed $ 24 million in transactions, which was seen five times the first hour of volume by each crypto futures ETF launched in 2025.
In the meantime, the corresponding product from Rex-Esprey, a Dogecoin ETF with the Ticker Doje, also attracted a lot of interest in the market.
Balchunas stated that the investment vehicle had traded nearly $ 6 million in its first hour and a closing count of $ 17 million. This places it in the top five ETF debut in 2025.
The strong early figures reflect the growing investor heater for regulated exposure to alternative digital assets.
Balchunas said:
‘[This is a] Good sign for the attack of 33 act ETFs that will come soon. “
In contrast to the location Bitcoin and Ethereum ETFs that went live last year, the products of Rex-Esprey are structured through subsidiaries of the Cayman Islands and registered under the 1940 Investment Company.
That framework distinguishes them from the 1933 ACT funds that are used for Spot BTC and ETH, indicating that emitting people are experimenting with different regulations paths to bring Altcoins into the ETF market.
XRP and doge -prices falter
The heavy ETF volumes did not translate into immediate price for the underlying tokens.
XRP fell 3% to $ 3.02 in the last 24 hours, which extended a week of gradual decreases that have been actively locked between $ 3 and $ 3.15, according to CryptoSlate facts.
Dogecoin price followed a similar pattern during the reporting period.
According to CryptoSlate’s Data, the token went back 2% back to $ 0.2735 from the moment of pressure after a short point of a highest point of seven months of $ 0.2879 on the ETF debut.
This reversal emphasizes the difference between the enthusiasm of the secondary market for ETFs and direct spot demand to the coins themselves.