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.
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Kelvin Munene Murithi
Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.
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