Volatility Shares, a firm that develops ETFs for cryptocurrency traders, has launched the first-ever XRP Futures Exchange-Traded Fund (ETF) on Nasdaq on the 22nd of May 2025, according to an official document shared by the United States Securities and Exchange Commission.
More Crypto Investors Are Expected To The Market After XRP Futures ETF Launch
This move by Volatility Shares to launch XRP futures ETF on Nasdaq is likely to bring more investors to the cryptocurrency market. Known as $XRPI, this fund will allow users from across the world to make investments into XRP and they will not have the need to hold or buy crypto actually.
While utilizing futures contracts, XRPI will track the price of the digital currency making it easy for investors to make investments as they will not have to cope up with the difficulties they face while using private keys, digital currency exchanges, and cryptocurrency wallets. This fund has actually been launched for those investors who do not want to manage their cryptocurrencies on their own but are deeply interested in crypto.
Out of the total money of the fund, around 80% will be reserve for XRP futures traded on CME (Chicago Mercantile Exchange).
Volatility Shares Also Launched A 2x Leveraged Fund Called XRPT
Along with launching the first-ever XRP futures exchange-traded fund, Volatility Shares also introduced the 2x leveraged crypto fund known as XRPT.
This exchange-traded fund will serve a different purpose as it is aiming at helping investors maximize their XRP Futures’ daily gains. As it is a 2x leveraged fund, so it will help investors double their returns gained from trading XRP Futures. Also this fund is not developed for beginner cryptocurrency traders rather is meant for professional investors and traders who play big on trades.