VolatilityShares Launches New XRP Futures ETF, Could It Reach All-Time High?

VolatilityShares is set to make history by launching the first standard (1x) XRP futures exchange-traded fund (ETF), a move that analysts believe could fuel the asset’s price. This new ETF will track XRP futures and is available under the ticker XRPI. Bloomberg’s Eric Balchunas was among the first to report on this groundbreaking development. 2x XRP ETFs are already popular in the market, with assets under management exceeding $120 million. This new product allows investors to gain exposure to XRP without actually owning the cryptocurrency itself.