According to reports from Wu, Volatility Shares will launch the first XRP futures ETF (code XRPI) on May 22 on NASDAQ, indirectly investing in XRP futures through a subsidiary in the Cayman Islands. At least 80% of net assets are planned to be allocated to XRP-related instruments. A 2x leveraged XRP futures ETF will also be launched. Bloomberg analyst Eric Balchunas stated that the 2x XRP product launched by Teucrium in April had a daily trading volume of $35 million and assets under management of $120 million, indicating strong market demand for XRP products, and the new ETF is expected to be popular.
Volatility Shares will launch the first XRP futures ETF, planning to invest at least 80% in XRP-related instruments
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