XRP Futures ETF Launches on Nasdaq: A Major Step Forward for Crypto?

Volatility Shares will launch the first-ever XRP futures ETF on May 22, signaling growing interest in XRP and potentially paving the way for a spot ETF approval. This move brings regulated access to the asset and opens doors for increased liquidity. The fund, listed on Nasdaq under the ticker XRPI, will invest in XRP futures through a Cayman Islands subsidiary with at least 80% of its assets connected to XRP-related investments.