{"id":18187,"date":"2025-10-02T16:30:52","date_gmt":"2025-10-02T15:30:52","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=18187"},"modified":"2025-10-02T16:30:53","modified_gmt":"2025-10-02T15:30:53","slug":"first-american-xrp-etf-launched-whats-the-latest","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/first-american-xrp-etf-launched-whats-the-latest\/","title":{"rendered":"First American XRP ETF Launched : What’s the Latest ?"},"content":{"rendered":"\n
On September 18, the REX-Osprey XRP ETF<\/strong> made its debut on the U.S. market at $25.83<\/strong>. Since then, the price has slightly decreased, settling at $24.23<\/strong>, representing a decline of approximately 6.5%<\/strong>. Not the explosive launch some investors hoped for, but this isn’t unusual for a new crypto<\/a> ETF.<\/p>\n\n\n What makes this ETF unique is the speed with which it was approved by the SEC<\/strong>. Compared to the usual 8-month process, REX-Osprey received the green light in just 75 days<\/strong>. This can be explained by the fact that it falls under the Investment Company Act<\/strong> of 1940, a different law than most traditional ETFs.<\/p>\n\n\n\n More flexible regulations from exchanges like Nasdaq<\/strong> and NYSE Arca<\/strong> have also facilitated the listing of this crypto ETF without endless procedures.<\/p>\n\n\n\n