On May 22, 2025, Volatility Shares is launching the first XRP futures ETF in the United States, named “XRPI.” This ETF will be traded using the ticker symbol “XRPI.
As a crypto investor, I’m thrilled to share that the confirmation for the launch of a new 2x XRP ETF has been made public by Bloomberg ETF analyst Eric Balchunas via social media. He pointed out that the existing version of this ETF currently manages $120 million in assets and is traded around $35 million daily.
The recently introduced 1x product is tailored for investors seeking to track XRP futures with reduced risk compared to the volatility often associated with leveraged ETFs. Additionally, the XRPI ETF will appeal to both retail and institutional investors who are interested in a less risky approach to engaging with XRP market movements.
As the XRPI ETF progresses, the U.S. Securities and Exchange Commission (SEC) has postponed rulings on two distinct proposals for a spot XRP ETF, submitted by asset managers 21Shares and Franklin Templeton. These applications are now anticipated to receive a decision by June 17, 2025. Additionally, the prediction platform Polymarket indicates that over 80% of traders foresee the approval of a spot XRP ETF sometime in 2025.
Currently, there’s a strong ongoing interest in gaining double exposure to XRP. Notably, the Teucrium 2x XRP ETF has amassed over $106 million in assets, and an increasing number of investors are looking for ways to invest in XRP through structured financial products.
Additionally, the Chicago Mercantile Exchange (CME) has taken part by introducing cash-settled contracts for XRP futures. These contracts are tied to the CME CF XRP-Dollar Reference Rate. On its debut day, trading activity surpassed $2.4 million, while later analysis by Chad Steingraber indicated that the volume had escalated to a massive $19 million.
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2025-05-22 00:26