XRP Milestone:
The first-ever XRP Futures ETF ($XRPI) launches May 22 on Nasdaq by Volatility Shares. This 1x ETF offers regulated access to XRP futures via a Cayman-based fund.
Market Impact:
Analysts see strong demand signals. Bloomberg’s Eric Balchunas calls it a big step toward a potential spot XRP ETF.
More to Come:
Teucrium launched a 2x XRP ETF ($XXRP) in April — now $120M AUM, $35M/day volume.
ProShares plans 2x, -2x, and inverse XRP ETFs.
CME started XRP futures trading on May 19.
Spot ETF Status:
Nine applications, including Franklin Templeton, await SEC approval.
Bloomberg suggests Q4 approval likely. Polymarket odds: 80%.
Market Mood:
Bitcoin hits new ATH: $111,424 (+4%).
also up on ETF hype.
