🔥Big Day for. $XRP 🔥. THE FIRST XRP FUTURES ETF HAS LAUNCHED ON NASDAQ!
It's a historic first: the very first XRP-backed futures ETF has just been launched on the Nasdaq. This new financial product could well pave the way for wider adoption of XRP, as attention is already turning to a spot ETF. Is a new era dawning for Ripple's cryptocurrency? Here's a closer look.
A Game-Changing Future XRP ETF
French-speaking investors passionate about cryptocurrencies can now gain exposure to XRP through a new regulated financial instrument. Volatility Shares, a company specializing in innovative ETFs, has just launched the first exchange-traded fund (ETF) on XRP futures contracts, listed on the Nasdaq.
Specifically, this new ETF, called $XRPI, will allow investors to gain indirect exposure to XRP. This will be possible through future contracts traded on the Chicago Mercantile Exchange. This marks an important step in the development of the XRP financial ecosystem. The potential approval of spot ETFs holding directly in XRP is also expected by the end of the year.
2x Leverage: Double-Edged Sword for XRP Investors
In addition to the standard fund, Volatility Shares also plans to launch a 2x leveraged XRP futures ETF. This instrument aims to offer twice the daily performance of XRP futures for the most sophisticated investors.
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