- XRP price jumped amid the launch of the REX‑Osprey XRPR ETF, then eased slightly.
- Analysts flagged an impressive $37.7 million in trading volume as a possible signal for further gains.
- If bullish momentum persists, XRP could next target a range of $5 to $10.
On September 18, 2025, the cryptocurrency market marked a notable milestone: the REX‑Osprey XRPR ETF — the first U.S.-listed spot ETF for XRP — launched and recorded a strong first-day trading volume of $37.7 million.
The debut renewed investor interest and prompted analysts to reassess XRP’s potential trajectory as institutional adoption grows.
During the ETF’s launch, XRP’s price briefly spiked to a high of $3.13 before trimming gains to roughly $3.02.
REX‑Osprey XRPR ETF posts $37.7 million in day-one volume
The REX‑Osprey XRPR ETF debut represented a historic moment for the crypto sector by offering regulated, exchange-traded exposure to XRP in a familiar fund structure.
Data shared by prominent ETF analyst Eric Balchunas showed the XRPR ETF traded $37.7 million on its first day, a figure that outpaced the debut volume of the $IVES ETF and set a new bar among 2025 fund launches.
$XRPR traded $37.7m on Day One, which edges out $IVES for the biggest day one (natural) $ volume of any 2025 launch. $DOJE is no slouch at $17m, which would be Top 5 for year.. out of 710 launches. Good sign for the onslaught of 33 Act ETFs coming soon.. pic.twitter.com/JaQP9ekFIq
— Eric Balchunas (@EricBalchunas) September 18, 2025
Balchunas’ figures correspond to 1,462,622 shares traded at a last price of $25.728 per share. The strong opening performance eclipsed REX‑Osprey’s DOJE ETF for Dogecoin, which logged $17 million on debut, and highlights robust demand for regulated XRP exposure.
Balchunas commented that the eye‑catching start bodes well for a wave of 33 Act ETF filings expected soon, suggesting growing mainstream interest in altcoin‑based investment products.
Ripple price outlook: is a major breakout ahead?
The XRPR ETF’s powerful debut has lifted sentiment across the XRP community, with many observers viewing the launch as a potential catalyst for substantial price appreciation.
Analysts and enthusiasts cite the ETF’s $37.7 million volume as evidence of rising institutional interest that could translate into meaningful capital inflows in the months ahead.
Some forecasts suggest that if XRP can hold current support near $3.00, the token could climb to $5 or higher. ETF-related buying pressure may intensify further should the SEC approve additional “33 Act” filings.
Technically, XRP is trading inside a key support zone between $2.75 and $3.12. A breakout from the descending channel would reinforce the bullish outlook, with daily RSI and MACD indicators currently favoring buyers.
Maintaining upward momentum could set XRP’s next targets in the $5–$10 range, though actual outcomes will depend on ETF flows, Ripple’s expansion within global payments networks (including initiatives such as RLUSD), and broader regulatory and macroeconomic developments.
In particular, regulatory clarity and favorable macro conditions — for example, if the Federal Reserve eases rates further in 2025 — would likely strengthen the bullish case for XRP.