The REX-Osprey XRP ETF (XRPR) opened with record volume and high visibility, then slid from about $25.75 to $25.07 on day two as traders took profits. XRPR’s debut showed strong altcoin demand but now faces a $25 test for sustained investor interest.
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XRPR set rapid early volume records: $24M in 90 minutes post-lunch.
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Second-day selling pushed XRPR from ~ $25.75 close to $25.07, a 2.6% drop.
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Dogecoin ETF DOJE debuted with $6M turnover, underscoring XRPR’s dominance in flows.
REX-Osprey XRP ETF (XRPR) front-loaded market attention—read the debut data and next steps for traders. Stay informed with COINOTAG coverage.
What is the REX-Osprey XRP ETF and why did it matter on debut?
REX-Osprey XRP ETF (XRPR) is the U.S.-listed exchange-traded product tracking XRP exposure and it mattered because its opening session produced unusually high volume and visibility for an altcoin ETF. The launch demonstrated investor appetite for regulated XRP access, immediately placing XRPR in conversations alongside Bitcoin and Ethereum funds.
How did XRPR perform in its first two sessions?
XRPR’s debut was front-loaded with activity: it generated approximately $24 million in volume within 90 minutes after lunch on day one. By the following morning, the fund slipped from a close near $25.75 to $25.07, a 2.6% decline, as short-term traders exited positions and liquidity normalized.
XRPR by TradingView
Market participants noted the contrast with past token-linked ETFs, which opened with lighter turnover and took longer to reach similar visibility. XRPR’s concentrated early flows highlighted both retail and institutional curiosity for regulated altcoin exposure.
Why did flows concentrate in XRPR rather than DOJE?
XRPR attracted the lion’s share of activity, while the Dogecoin ETF (DOJE) recorded about $6 million of turnover during its debut. That gap indicates differentiated investor interest: XRPR appealed to those seeking XRP’s market structure and liquidity, whereas DOJE’s meme-coin profile drove more limited initial allocation.
Frequently Asked Questions
Did XRPR outperform other token ETFs on opening day?
Yes. XRPR outpaced contemporaneous token ETF debuts by volume, generating roughly $24 million in 90 minutes versus DOJE’s $6 million, indicating stronger immediate demand for regulated XRP exposure.
What should traders watch after XRPR’s second-day drop?
Traders should monitor intraday liquidity, the $25 price level as support, and subsequent volume patterns to judge if flows are sustaining beyond opening-day speculation.
Key Takeaways
- Record early volume: XRPR registered about $24M in the first 90 minutes, signaling strong initial demand.
- Short-term pullback: A 2.6% drop to $25.07 on day two reflected profit-taking and liquidity normalization.
- Watch $25 support: Sustained closes above $25 will be the clearest indicator of continued investor conviction.
Conclusion
REX-Osprey’s XRPR ETF combined a headline-grabbing debut with a quick post-open consolidation, underscoring both the appetite for regulated XRP access and the volatility of early trading sessions. Market watchers should focus on volume trends and whether XRPR can hold the $25 level to confirm transition from spectacle to sustained demand. COINOTAG will continue to report verified market data and chart developments.
