XRP Futures ETF Launches: Whale Sales Signal Market Shifts in Sight

Volatility Shares launched the industry’s first XRP futures ETF, XRPI, on May 22nd. This historic move has led to significant XRP token movement, with over 60 million tokens sold by whales within just 72 hours. The launch coincides with CME introducing XRP and Micro XRP futures, providing institutions with regulated access to the cryptocurrency. Bloomberg analyst Eric Balchunas highlights that this ETF marks a first of its kind in the crypto market, signifying increased institutional involvement and potential for wider adoption of XRP.