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Volatility Shares to Launch First-Ever 1x XRP Futures ETF

  • Volatility Shares is set to launch the first-ever 1x XRP futures ETF on May 22, providing unleveraged exposure to XRP futures.
  • Tectrium's 2x XRP ETF has $120 million in assets under management and trades an average of $35 million daily.
  • XRP is priced at $2.25, with 236.9 million XRP ($567 million) recently transferred from Kraken, indicating potential volatility ahead.
  • The launch of Volatility Shares' XRPI ETF signifies a milestone in institutional XRP investment, while XRP's spot ETF approval remains pending from the SEC.

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