The first U.S. exchange-traded fund (ETF) tied to XRP will make its market debut on Sept. 18, marking a historic moment for the altcoin and expanding Wall Street's exposure beyond Bitcoin and Ethereum.
For the uninitated, U.S. spot Bitcoin and Ethereum ETFs were approved earlier in 2024, with the SEC greenlighting spot Bitcoin ETFs on January 10, 2024, followed by spot Ethereum ETFs on May 23, 2024. Since then, spot Bitcoin ETFs alone have attracted more than $57 billion in net inflows, led by BlackRock and Fidelity. Gross inflows have crossed $60 billion, as per data from Farside Investors.
Circling back to XRP ETF, it is launched by REX Shares and Osprey Funds under the ticker XRPR, and is structured to hold XRP directly while also allocating a portion of its assets to other XRP-linked products.
Related: How to buy REX-Osprey DOJE (Dogecoin, XRP, Trump, Bonk ETF) shares
This also comes as the SEC approves the listing and trading of Grayscale Digital Large Cap Fund covering BTC, ETH, XRP, SOL and ADA.
Launched in 2010, RexShares is a U.S.-based ETF sponsor known for creating niche exchange-traded products. Currently, RexShares offers:
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T-REX Leveraged ETFs– Exchange-traded funds designed to deliver amplified (leveraged or inverse) exposure to specific assets.
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SSK | SOL + Staking ETF– A Solana-focused ETF with staking exposure to generate additional yield.
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REX Covered Call ETFs– Funds that generate income by writing covered call options on underlying assets.
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REX Growth & Income ETFs– Blended strategies aiming for both capital appreciation and regular income.
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REX Bitcoin Corporate Treasury Convertible Bond ETF– An ETF tracking companies with Bitcoin in their treasuries, via convertible bonds.
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MicroSectors– Thematic leveraged and inverse products focused on niche sectors of the economy.
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REX UCITS Funds– REX's lineup of ETFs structured under European UCITS regulations for international investors.
Most of the products listed on RexShares' website are ETPs, with exception of a Solana staking ETF.
Related: Legendary trader warns XRP could crash to a dollar
XRP ETF: How to buy
Before launch
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Update apps: Make sure your brokerage account like Kraken and Public are on the latest version.
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Fund accounts: Have settled USD cash ready in your brokerage balance.
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Decide order type: Use a limit order instead of market to avoid paying too high.
Buying on Kraken
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Log in to the Kraken app or web platform.
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Go to the Stocks section and search XRPR.
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If it appears, tap into the fund details and confirm it's the XRP ETF.
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Tap Buy, select Limit order, enter the number of shares and your max price.
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Submit the order once the market opens (9:30 a.m. ET) or use extended hours if enabled.
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Check your portfolio after fill to confirm your position.
Buying on Public.com
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Log in to your Public app.
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Search for XRPR under ETFs (not the crypto page for XRP).
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Open the fund page and tap Invest.
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Choose Limit order, enter shares and price.
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Submit at or after market open.
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Refresh later if the ticker doesn't show immediately; sometimes new ETFs take a few minutes to populate.
Fidelity may or may not list XRPR on day one. If you want to try, log in, search XRPR, and see if the system allows orders. If it's restricted, you'll get a "not supported" message.
XRP ETF trading tips
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Stick to limit orderson launch day.
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Check extended hoursif placing pre-market or after-hours.
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Double-check the ticker: XRPR is the ETF; don't confuse it with direct XRP crypto.
XRP ETF vs. Spot Crypto
For novice investors, the XRP ETF eliminates the need for investors to manage self-custody, wallets, or exposure to unregulated exchanges. It wraps XRP exposure into a security tradable on traditional brokerage platforms.
What's Next for XRP
In October, derivatives giant CME Group is expected to introduce options on XRP futures, giving traders additional tools to hedge and speculate.
This story was originally reported by TheStreet on Sep 18, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
