Volatility Shares to debut first-ever 1x XRP futures ETF tomorrow
Key Takeaways
Volatility Shares is launching the primary XRP futures ETF on May 21, 2025 on The Nasdaq Stock Market.
The ETF will make investments no less than 80% of its property in XRP-linked devices like futures contracts.
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Volatility Shares is about to launch the first-ever XRP futures ETF within the US tomorrow, in accordance to a post-effective modification filed with the SEC on May 21. The launch was confirmed by Bloomberg ETF analyst Eric Balchunas.
The fund, structured as a part of the Volatility Shares Trust, will commerce on Nasdaq beneath the ticker XRPI.
In addition to this product, Volatility Shares can be rolling out the Volatility Shares 2X XRP ETF (XRPT), which is designed to ship twice the day by day efficiency of XRP by way of leveraged publicity to XRP futures.
With the brand new choices, Volatility Shares will be part of Teucrium Investment Advisors in providing funding merchandise tied to XRP, Ripple’s native asset.
Last month, Teucrium launched the Teucrium 2x Long Daily XRP ETF aiming to provide returns double these of XRP’s day by day actions.
According to Balchunas, Teucrium’s leveraged XRP ETF at the moment manages roughly $120 million in property and averages $35 million in day by day buying and selling quantity.
“Good signal that there will be demand for this one,” the professional stated.
The fund will spend money on cash-settled XRP futures contracts and goals to ship returns that observe the value actions of XRP.
Volatility Shares will function the funding adviser and cost a administration payment of 1.15%, although bills are capped at 0.94% by way of May 2026 due to a payment waiver settlement.
To keep its regulated funding firm standing, the fund will spend money on XRP futures by way of a wholly-owned Cayman Islands subsidiary. The fund will make investments no less than 80% of its property in XRP-linked devices, together with futures contracts and doubtlessly different derivatives.
This comes as efforts to increase XRP-based funding merchandise proceed. ProfessionalShares was anticipated to launch three XRP futures ETFs in late April, however the SEC has but to approve them. Yesterday, the company additionally delayed choices on proposed spot XRP ETFs from Grayscale and 21Shares.
As ProfessionalShares awaits readability from the SEC, different XRP futures merchandise embrace Coinbase’s CFTC-regulated XRP contracts, in addition to CME’s XRP futures, which debuted on Monday with $19 million in first-day quantity, highlighting rising market urge for food for XRP publicity.
Ripple, the issuer of XRP, has confronted main regulatory hurdles many thought can be resolved by now, however its authorized saga stays ongoing.
On May 8, Ripple agreed to a lowered $50 million settlement with the SEC, down from the unique $125 million. However, Judge Analisa Torres rejected the joint movement on May 15 due to procedural points, and the case stays beneath enchantment. At press time, XRP is buying and selling at $2.36, little modified on the day.
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