Will XRP Reach $3 After the Launch of its First Futures ETF?

An upcoming launch of the first US-based XRP futures ETF (XRPI) by Volatility Shares is anticipated to significantly boost XRP’s price potential. The fund will hold cash-settled XRP futures contracts and related derivatives, bypassing direct ownership of the token itself. This development follows an increase in demand for investment products targeting XRP, as evidenced by Teucrium’s successful 2x Long XRP ETF (XXRP). Bloomberg ETF analyst Eric Balchunas notes this growing appetite for XRP investment products. Further boosting XRP’s price, regulated XRP futures have just begun trading at CME Group with modest volume on day one.