In a major milestone for both XRP and the broader cryptocurrency investment landscape, Volatility Shares has officially launched the first-ever XRP Futures ETF under the ticker symbol $XRPI. This landmark event took place today, May 22, 2025, on the Nasdaq Stock Market.
🔍 What Is $XRPI?
The XRPI ETF offers investors 1x unleveraged exposure to XRP futures contracts, making it the first XRP-based ETF product in the U.S. to do so.
This ETF allows investors to gain exposure to XRP’s price movements without directly holding the cryptocurrency or dealing with the technical complexities of wallets and exchanges. It trades like a traditional ETF on the stock market, providing a regulated and secure gateway to the world of XRP.
👉 Key Features of $XRPI:
- 📊 1x unleveraged exposure to XRP futures
- 💼 Listed on Nasdaq
- 🛡️ CFTC-regulated futures contracts
- 🔁 Daily rebalanced for optimal exposure
- 📍 First of its kind in the U.S.
🗣️ John Tognetti, Head of Trading at Volatility Shares, said:
“XRPI is a significant step forward in providing mainstream investors with access to digital asset markets through familiar financial instruments.”
⚡ Why This Matters
While ETFs for Bitcoin and Ethereum have dominated headlines, XRP has long been waiting for its own institutional breakthrough. This launch marks the first time U.S. investors can gain direct exposure to XRP through a regulated ETF, which could pave the way for even greater adoption and market legitimacy.
📌 Until now, XRP-focused investment options in the U.S. have been limited or speculative, often involving complex derivatives or unregulated products.
🧠 Volatility Shares previously made waves in the crypto ETF space by launching leveraged Bitcoin and Ethereum ETFs, and now they’re expanding the frontier with XRP.
🔁 Also Launching: 2x Leveraged XRP ETF ($XRPT)
Alongside $XRPI, the firm is also rolling out $XRPT, a 2x leveraged XRP futures ETF, designed to deliver twice the daily performance of XRP futures. This higher-risk, higher-reward option targets more aggressive traders and institutional players.
📈 XRPT ETF Summary:
- ⚠️ 2x daily leveraged exposure to XRP futures
- 🧭 Ideal for short-term tactical plays
- 🕰️ Rebalanced daily to maintain leverage
🎙️ Crypto investor and influencer @MasonVersluis commented:
“The XRPI and XRPT launches are just the beginning. XRP is back in the spotlight, and this changes the institutional game.”
🏦 What About a Spot XRP ETF?
The launch of these futures-based ETFs comes amid ongoing delays in the approval of spot XRP ETFs. The U.S. Securities and Exchange Commission (SEC) has postponed decisions on applications from major players like 21Shares and Franklin Templeton.
🔜 The next review date for these applications is June 17, 2025.
💬 Industry analysts believe that the success of futures ETFs like $XRPI and $XRPT could bolster the case for eventual approval of spot-based ETFs, similar to how it unfolded with Bitcoin.
🌐 Source Links
- Volatility Shares XRPI ETF Launch — CoinGape
- XRP Futures ETF Details — CryptoTimes
- XRPI and XRPT Launch Breakdown — CryptoBriefing
📢 Final Thoughts
This launch is a game-changer for XRP and the broader crypto ETF space. While spot ETFs remain under regulatory scrutiny, $XRPI opens the doors for traditional investors to gain clean, compliant exposure to one of the most talked-about digital assets in the world.
🌍 As the regulatory landscape evolves, and with XRP futures now accessible via Nasdaq, the countdown to a full XRP institutional wave might have already begun.
✨ Brad Garlinghouse, CEO of Ripple:
“Institutional demand is real. ETFs like $XRPI are a necessary bridge between the legacy financial system and the decentralized future we’re building.”
🧠 What do you think about the XRPI launch? Will this drive more interest in XRP? Let us know in the comments below! 👇
