🚀 Volatility Shares Launches First-Ever XRP Futures ETF on Nasdaq 🚀
🔑 Key Highlights:
🔹 Historic Launch: Volatility Shares has debuted the first-ever XRP futures ETF ($XRPI) on the Nasdaq as of May 22, 2025, marking a major milestone for Ripple and the broader crypto ETF market.
🔹 ETF Structure: The ETF invests at least 80% of its net assets in XRP-linked futures contracts via a Cayman Islands subsidiary, offering indirect exposure to XRP’s price movements.
🔹 Leveraged Options: In addition to the 1x ETF, Volatility Shares plans to introduce a 2x leveraged XRP futures ETF, providing twice the daily price appreciation (or loss) of XRP through double exposure to XRP futures.
🔹 Strong Demand Expected: Analysts point to the success of Teucrium’s 2x XRP product (launched in April, $120M AUM, $35M daily volume) as a positive sign for demand for XRPI.
🔹 Regulatory Momentum: The SEC, under new chair Paul Atkins, is seen as more crypto-friendly. With Bitcoin and Ethereum spot ETFs already approved, XRP is now a top contender for the next spot ETF approval—Polymarket odds stand at 83% for 2025.
🔹 CME XRP Futures: Chicago Mercantile Exchange (CME) recently launched XRP Futures and Micro XRP Futures, allowing institutional traders to speculate on XRP price without holding the token directly.
🔹 Growing Institutional Interest: Major asset managers like Franklin Templeton, 21Shares, and Bitwise are actively seeking to launch spot XRP ETFs, signaling strong institutional appetite.
https://www.dlnews.com/articles/markets/volatility-shares-to-launch-an-xrp-futures-etf