First Spot XRP ETF Hits Milestone as CME Flags Institutional Interest

Institutional momentum in XRP is accelerating as the first U.S. spot XRP ETF ($XRPR) reached a new milestone. In addition, CME Group has expanded XRP derivatives with new options following strong demand for its futures product.

REX–Osprey XRP ETF Reaches A New Milestone

With $100 million in assets under management (AUM), the REX-Osprey XRP ETF (XRPR) has officially reached a new milestone. This indicates a high level of interest by investors to get regulated exposure to this digital asset.

REX Shares announced the milestone on X as it is an important milestone for the Ripple-related token as it gains more mainstream adoption. The achievement falls within the backdrop of growing institutional need for compliant crypto investment vehicles. The asset manager cited increasing regulatory clarity and strong investor interest for the rapid growth of the fund since it was launched.

We are proud to announce that the REX-Osprey™ XRP ETF, $XRPR has surpassed $100 million in AUM as of 10/23/2025.$XRPR is the first U.S. ETF to provide investors with spot exposure to $XRP.

For more information on $XRPR click here:https://t.co/fZMaqJhPfD pic.twitter.com/vQopao0Y3G

— REX Shares (@REXShares) October 24, 2025

CME XRP Options Signal Expanding Institutional Adoption

Meanwhile, CME Group has expanded XRP’s institutional presence further. In a post celebrating five months of XRP futures trading, CME announced that options on XRP futures have gone live.

This builds on the product’s strong demand since debuting in May. The exchange reported over 567,000 contracts traded. This reflects $26.9 billion in the notional volume, and about 9 billion XRP equivalent. CME pointed to this rise as evidence of institutional optimism in the asset over the long-term.

Five months for XRP futures! 💪

Since launching in May, we’ve seen incredible demand for this regulated product. Ready for more control?

Options on XRP futures are officially LIVE! 💥 ➡️ https://t.co/pIwU72fscT pic.twitter.com/Dr0tawBASO

— CME Group (@CMEGroup) October 23, 2025

The concurrent increase in the spot and the derivative markets of this token is another pointer of a new level of institutional adoption. Traders can now choose among several regulated products (spot, futures, and options). This provides them with an exposure to this altcoin in a diversified manner.

These developments contribute to the price gains for the token. This makes XRP better than other altcoins that do not have institutional backing.

XRP Price Soars Amid Increase in Derivatives Activity

Adding to the bullish momentum, Ripple CEO Brad Garlinghouse emphasized that “XRP sits at the center of everything Ripple does.” His comments follow an announcement of the completion of Ripple’s acquisition of Hidden Road, which has now rebranded as Ripple Prime.

With today’s close of Hidden Road (now Ripple Prime), Ripple has announced 5 major acquisitions in ~2 years (GTreasury last week, Rail in August, Standard Custody in 2024, Metaco in 2023). As we continue to build solutions towards enabling an Internet of Value – I’m reminding you… https://t.co/O5Uub7ulw9

— Brad Garlinghouse (@bgarlinghouse) October 24, 2025

In the past 24 hours, the XRP price has increased by 3.47%. It is currently trading at approximately $2.47, per TradingView. The token’s price has also increased by 6.46% over the previous week continuing an overall upward trend.

On CoinGlass, derivative activities also emphasize increasing market volume. The token’s futures volume increased by 8.66% to $5.98 billion. Also, open interest increased by 5.20% to $3.88 billion. The increase in the two metrics show a renewal of confidence among leveraged traders.