🚀 Breaking News: First U.S.-Listed XRP Futures ETF Launches on Nasdaq (XRPI)!**
The crypto ETF space just got bigger! Volatility Shares has launched the first non-leveraged U.S.-listed ETF tracking XRP futures, now trading on Nasdaq under the ticker XRPI.
### Key Details:
✅ Portfolio Focus: The fund will invest at least 80% of its assets in XRP futures contracts and other XRP-linked exchange-traded products (ETPs).
💰 Expense Ratio: 0.94% net (after fee waivers).
📈 Growth Potential: A leveraged 2x XRP futures ETF is also in the works, signaling rising institutional interest in XRP-based funds.
### Why It Matters:
🔹 First of Its Kind: This is the first U.S. ETF offering 1:1 exposure to XRP futures, providing a regulated way for investors to gain XRP exposure without direct ownership.
🔹 Market Demand: The success of Teucrium’s XXRP (which has already attracted $121M in AUM) suggests strong demand for XRP-linked investment products.
### What’s Next?
With XRPI now live and a 2x leveraged version on the horizon, the XRP ecosystem is gaining traction in traditional finance. Could this pave the way for even more crypto-linked ETFs?