Volatility Shares Introduces First XRP Futures ETF on Nasdaq

Volatility Shares has launched the first-ever XRP futures ETF on the Nasdaq, offering investors indirect exposure to XRP via regulated derivatives for the first time. This innovation by the U.S.-based firm specializing in innovative ETFs (including leveraged and futures-based products tied to crypto) comes as SEC filings reveal its intention to list the $XRPI ticker under its new Volatility Shares Trust product. The ETF will invest at least 80% of its net assets in XRP-linked instruments, including futures contracts traded on the Chicago Mercantile Exchange. 80% of assets in this fund are being held through a subsidiary based in the Cayman Islands.