According to PANews, the REX-Osprey XRP ETF, trading under the ticker XRPR, recorded a trading volume of $37.7 million on its first day. The fund, listed in the United States, offers direct exposure to XRP. Eric Balchunas noted on X that its debut trading volume surpassed that of IVES, making it the largest among ETFs launched in 2025. On the same day, the REX-Osprey Dogecoin ETF also debuted, achieving a trading volume of $17 million, placing it among the top five of the 710 funds listed this year.