The highly anticipated Rex-Osprey XRP ETF is finally set to launch on September 18, 2025, following a brief delay by the U.S. Securities and Exchange Commission (SEC). This historic event will mark the first XRP-linked exchange-traded fund to trade in the United States under the Investment Company Act of 1940.
Unlike other futures-based products, the Rex-Osprey ETF offers investors a regulated way to gain exposure to XRP through traditional brokerages. However, this product is unique as it is structured as a hybrid. Instead of directly holding XRP, the fund will rely on third-party custodians to manage XRP and related instruments on its behalf.
XRP Price Forecast Post September 18
Currently, XRP is trading at $3.10, maintaining stability alongside other cryptocurrencies like Bitcoin. Analysts suggest that a daily close above $3.40 could signal a potential breakout, with $4.50 identified as a key resistance level.
Descending Triangle: Bearish Pattern With a Twist
Analysis of XRP’s price chart reveals a descending triangle pattern, historically breaking down 54% of the time, indicating weakness.
However, given XRP’s current uptrend, the triangle could serve as a continuation pattern, increasing the likelihood of a bullish breakout.
Short-Term Price Targets
- $3.60 – conservative breakout target
- $3.81 – extended move aligning with previous price confluence
Both price levels are deemed achievable within the next 30 to 60 days, especially with catalysts expected in September.
Major Catalysts on the Horizon in October
While the launch of the Rex-Osprey ETF is significant, the real impact may be felt in October when prominent asset managers such as Franklin Templeton and WisdomTree are anticipated to secure approvals for their own spot XRP ETFs.
These firms manage trillions of dollars globally, potentially introducing XRP to a broader pool of institutional investors compared to the Rex-Osprey hybrid fund.
Macro Factors: Fed Rate Cuts and ETF Launch
The Federal Reserve’s upcoming meeting on September 17 is another pivotal event. A rate cut is expected, possibly leading to short-term volatility in risk assets. Analysts caution about sharp movements or “red wicks” as leveraged positions adjust, but this could pave the way for bullish momentum in the days following.
Just a day after the Fed meeting, on September 18, the Rex-Osprey ETF will be launched. While initial inflows may be modest compared to forthcoming institutional offerings, the launch is still viewed as a positive development for XRP.
Significance of the Hybrid Structure
Unlike true spot ETFs expected from Grayscale, Bitwise, 21Shares, and Franklin Templeton in the near future, which require direct holding of underlying XRP, the hybrid nature of Rex-Osprey’s ETF introduces uncertainty. Third-party arrangements raise questions about whether investor inflows will directly impact XRP’s market price, potentially limiting its market influence.
