The ETF XRPR, recently launched by REX Shares in collaboration with Osprey Funds, marks a milestone by becoming the first exchange-traded fund in the U.S. that offers regulated exposure to the *spot* price of XRP. Trading on the Cboe BZX exchange, this ETF aims to attract both institutional and retail investors interested in digital assets beyond Bitcoin and Ethereum. Although its structure is not completely pure —as it also includes derivatives and other related products—, initial interest has been high, with projections of up to 8,000 million dollars in flows during its first year. Its debut is seen as a key test to measure market demand for ETFs linked to alternative cryptocurrencies, in an environment that is still uncertain but evolving.