The Volatility Shares XRP ETF (XRPI), the first U.S.-based ETF to track XRP futures on a one-to-one basis, began trading on Nasdaq this Thursday, marking a significant milestone for crypto derivatives investors.
With a focus on XRP futures contracts and related XRP exchange-traded products, the fund commits at least 80% of its portfolio to these assets, offering targeted exposure to XRP’s price action.
The fund’s gross expense ratio stands at 1.15%, reduced to 0.94% after fee waivers, making it a competitive option for futures-based XRP investment.
Following the launch of Teucrium’s 2x leveraged XRP futures ETF (XXRP) earlier this year, which has attracted $121 million in assets, market analysts like Bloomberg’s Eric Balchunas see strong investor appetite for XRPI, forecasting solid demand for this latest ETF.
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