In a significant development for XRP enthusiasts, digital asset manager Rex Osprey has announced that options trading has commenced on the REX-Osprey XRP ETF, designated as XRPR. This advancement is expected to empower investors with enhanced strategies for hedging their positions and pursuing income opportunities in the dynamic digital asset environment.
Alongside XRP, the REX-Osprey DOGE ETF, labeled $DOJE, has also introduced options trading, further diversifying investment strategies available in the market. The onset of these options is generating considerable excitement, as they enable investors to respond swiftly to market conditions and capitalize on emerging opportunities.
The XRPR ETF, recognized as the first spot XRP ETF in the United States, launched recently to overwhelming enthusiasm from the crypto community. On its inaugural day, XRPR recorded an impressive trading volume of $37.7 million, surpassing the initial performance of other ETFs launched in 2025, further highlighting its strong market entry.
According to Bloomberg analyst Eric Balchunas, XRPR distinguished itself by facilitating $24 million in trading volume within just the first 90 minutes—five times greater than the opening day volumes of other XRP futures ETFs. The potential for future XRP ETFs remains bright, particularly in light of the new Generic Listing standards for crypto ETFs that may lead to an influx of additional products and intensified competition among exchanges.
In an astounding figure from CoinGlass, XRP’s futures volume soared to $7.05 billion within a 24-hour window, indicating robust trading interest. The Whitebit crypto exchange reported a staggering 1,576% increase in XRP futures volume, reaching $450.09 million, while Bitmex experienced a 618% jump, pushing its futures volume to $137.08 million.
At the time of reporting, XRP was trading at $2.87, experiencing a marginal uptick of 0.31% over the past 24 hours. This slight rebound follows a downward trend that saw the asset decrease to a low of $2.69 on September 22, after six consecutive days of losses.
In a parallel development, Ripple has established a new partnership with Securitize, which will enable holders of BlackRock’s BUIDL and VanEck’s VBILL to swap their shares for the RLUSD stablecoin. This collaboration is also set to enhance integration with the XRP Ledger, thereby expanding access and utility within the growing XRP ecosystem.
