XRP ETF launch headlines the market today as XRP total exchange inflows surged 762% to 11.57 million XRP on September 18, 2025, according to the source. The spike coincided with the first U.S. XRP ETF listing.
XRPR sets a 2025 debut milestone
The newly launched REX-Osprey XRP ETF (XRPR) posted $37.7 million in first-day trading volume. Analysts noted it as the largest “natural” debut for any U.S. ETF in 2025. Meanwhile, Bloomberg Senior ETF Analyst Eric Balchunas called XRPR’s first 90 minutes “SEMI-SHOCK” after it tallied $24 million in early volume.
However, traders did not chase price higher. Despite the record ETF start and the 762% inflow spike, XRP’s spot price dipped 1% over the past 24 hours.
What the inflow surge may signal
The 11.57 million XRP inflows span all supported exchanges, per the source. Such flows can reflect increased positioning activity around new market catalysts. However, the short-term price reaction suggests some profit-taking or hedging.
- Inflows: 11.57 million XRP on Sept. 18, 2025
- XRPR first-day volume: $37.7 million
- Price: down 1% in 24 hours
Therefore, the market appears mixed: strong demand for the new product, yet cautious spot action.
Context and next steps
XRP ETF launch events can reshape liquidity dynamics. As a result, traders may watch whether inflows persist and if spreads tighten. For a primer on how these structures interface with crypto markets, review our guide on how stablecoins work.
For additional background on exchange-traded funds and trading volumes, see Investopedia’s ETF overview.
