Volatility Shares launched the first-ever XRP futures ETF ($XRPI) on Nasdaq, allocating at least 80% of net assets to XRP-related instruments. A 2x leveraged version is in the works. With CME having launched XRP futures and micro-contracts on May 19, institutional access to XRP has improved. Analysts forecast an 83% chance of a spot XRP ETF approval later this year under new SEC Chairman Paul Atkins' more crypto-friendly stance.