First XRP Futures ETF to Be Launched by Volatility Shares
The post First XRP Futures ETF to Be Launched by Volatility Shares appeared on BitcoinEthereumNews.com.
First 1x XRP futures ETF sees debut Spot XRP ETF next Renowned investment company Volatility Shares will be launching the first-ever XRP futures ETF on May 22, according to a recent X post shared by Eric Balchunas, a senior ETF analyst at Bloomberg. This big move, which marks the first of its kind in the crypto industry, will see Volatility Shares offer XRP-based investment products. VolatilityShares is launching the first-ever XRP futures ETF tomorrow, ticker $XRPI.. yes there is a 2x XRP already on market (this is first 1x) and it has $120m aum and trades $35m/day. Good signal that there will be demand for this one. pic.twitter.com/rCooyNZgu0 — Eric Balchunas (@EricBalchunas) May 21, 2025 First 1x XRP futures ETF sees debut The launch of this investment product, which is scheduled for May 22, comes amid growing institutional demand for XRP futures, just 2 days after their initial launch on CME. Apparently, the groundbreaking launch of XRP futures on CME has paved the way for major adoptions like this, providing institutional investors with the opportunity to securely leverage XRP futures contracts. While this major development has sparked speculation across the broader crypto market, it is already seeing adoption among institutions, positioning the third-largest cryptocurrency by market capitalization for a sustainable bullish momentum. According to Balchunas, the fund will trade under the ticker XRPI, representing part of the Volatility Shares Trust fund. You Might Also Like This big move from Volatility Shares comes barely a month after Tectrium launched its XRP-based investment product, Tectrium 2x Long Daily XRP ETF. In his post, Balchunas acknowledged the existence of this 2x Long Daily XRP ETF, an initiative that focuses on providing returns that double the daily gains projected by XRP in the market. However, Balchunas emphasized that the proposed XRP futures launch from…
Filed under: News - @ May 23, 2025 8:27 pm