Just In: Volatility Shares To Launch First 1x XRP Futures ETF Tomorrow

Volatility Shares is preparing to launch the first-ever 1x XRP futures ETF on May 22. The new product, trading under the ticker “XRPI,” will mark the first single exposure XRP futures ETF in the United States. Volatility Shares XRP Futures ETF Launch According to Bloomberg ETF analyst Eric Balchunas, Volatility Shares will introduce the XRPI ETF, offering 1x exposure to XRP futures. Balchunas noted on social media that, while a 2x leveraged XRP futures ETF already exists, this will be the first ETF to offer unleveraged exposure. “The existing 2x XRP ETF has $120 million in assets under management and trades around $35 million daily,” Balchunas posted. These figures reflect growing demand for XRP-based investment products and suggest that the XRPI launch could attract substantial interest from both retail and institutional investors. The 1x product is expected to appeal to investors seeking less volatility than what leveraged products offer. This… Read More at Coingape.com

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