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    First-Ever XRP Futures ETF to Launch on Nasdaq Today

    Story Highlights
    • Volatility Shares launched the first-ever 1x XRP futures ETF, trading as $XRPI on Nasdaq.

    • The ETF invests mainly in XRP futures via a Cayman Islands subsidiary, marking a new regulated access point for XRP.

    • This launch follows strong market demand and growing institutional interest amid XRP futures and spot ETF developments.

    Folks – itโ€™s happening! In a bold (and awesome) step toward mainstream crypto integration, Volatility Shares will officially launch the first-ever 1x XRP Futures ETF, and trade under the ticker $XRPI on Nasdaq.ย 

    This debut marks a historic first for Rippleโ€™s native token and signals that XRP may finally be stepping into the ETF spotlight long dominated by Bitcoin and Ethereum.

    โ€œGood signal that there will be demand for this one,โ€ noted Bloomberg ETF analyst Eric Balchunas, pointing to surging interest in crypto-linked investment vehicles.

    Hereโ€™s what you should know. 

    Inside the XRPI Launch: Structure, Exposure, and Strategy

    Filed with the U.S. SEC on May 21, the XRPI ETF is part of the Volatility Shares Trust and offers indirect exposure to XRP futures via a wholly-owned Cayman Islands subsidiary. The fund aims to invest at least 80% of its net assets in XRP-linked instruments – providing regulated access to Rippleโ€™s price action without requiring investors to hold the token itself.

    This 1x product stands out in a space mostly populated by leveraged plays, making it a more measured approach for those seeking XRP exposure without amplified volatility. 

    Because some like playing it safe and thereโ€™s nothing wrong about that! 

    The Race for Leverage: XRPโ€™s ETF Wars Heat Up

    This isnโ€™t the last stop for Volatility Shares. The firm is preparing to roll out a 2x XRP futures ETF, promising double the daily price appreciation of XRP via leveraged exposure.

    Teucrium Investment Advisors launched its 2x leveraged XRP ETF ($XXRP) on April 8, drawing $5.43 million in debut volume and now boasting $120 million in AUM with $35 million in daily trading volume. The demand is clear AND growing.

    All Eyes on XRP

    The timing couldnโ€™t be better. Just days ago, the Chicago Mercantile Exchange (CME) rolled out XRP Futures and Micro XRP Futures, with CMEโ€™s crypto head Giovanni Vicioso noting increased appetite for โ€œregulated derivatives products across a wider range of tokens.โ€

    Meanwhile, the race for a spot XRP ETF is accelerating. Heavyweights like Franklin Templeton, Bitwise, and 21Shares are already lining up. With new SEC Chair Paul Atkins – a noted crypto ally – at the helm, Polymarket betters now place 83% odds on a spot XRP ETF approval this year. Those are some good odds, right?ย 

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

    All in all – say hello to the next phase of XRPโ€™s journey. Weโ€™re excited! 

    FAQs

    Are there other XRP-linked ETFs available or planned for the future?

    Yes, Teucrium Investment Advisors launched a 2x leveraged XRP ETF ($XXRP) on April 8, and Volatility Shares is also preparing to roll out a 2x XRP futures ETF.

    What are the current odds for a spot XRP ETF approval this year?

    With new SEC Chair Paul Atkins, Polymarket bettors currently place 83% odds on a spot XRP ETF approval this year, with heavyweights like Franklin Templeton also vying for approval.

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