The first U.S.-based ETF tracking XRP futures directly began trading on Nasdaq this Thursday, marking a new milestone for crypto-focused investment products.
Volatility Shares launched the Volatility Shares XRP ETF (XRPI), which will allocate at least 80% of its holdings to XRP futures contracts and other XRP-related exchange-traded products.
With a gross expense ratio of 1.15% and a net expense ratio of 0.94% after fee waivers, the fund aims to provide investors with targeted exposure to XRP’s price movements.
Volatility Shares is also preparing to introduce a leveraged 2x XRP futures ETF, following in the footsteps of Teucrium’s XXRP, which debuted in April and has since attracted $121 million in assets.
Bloomberg ETF analyst Eric Balchunas sees this growing interest as a clear indicator of strong demand for XRP futures ETFs in the U.S. market.
About The Author
More Stories
Bitcoin drops under $70,000 as rising oil prices and a Fed pause pressure risk assets.
Bitcoin drops under $71,000 while stocks end the day near session lows as expectations for a 2026 Fed rate cut dim further.
Bitcoin unexpectedly beats gold as a hawkish Fed and surging oil prices spark a risk-off mood.