XRP Futures ETF Launches on Nasdaq, Opening Door for Institutional Investors

A groundbreaking development in the crypto market has taken place as Volatility Shares launched the first U.S.-based exchange-traded fund (ETF) tracking XRP futures on Nasdaq under the ticker ‘XRPI.’ This move marks a significant milestone toward mainstream institutional adoption of the cryptocurrency, potentially triggering renewed interest in XRP markets. 💰 The ETF allocates at least 80% of its assets to XRP futures contracts and related ETPs, with a net expense ratio of 0.94%. The fund aims to offer regulated exposure to XRP futures without direct token ownership, according to the official prospectus.