XRP has just made a significant step towards legalization on Wall Street as Volatility Shares launches the first exchange-traded fund (ETF) in the United States tracking XRP futures. The fund trades under the ticker symbol XRPI on Nasdaq, aiming to provide managed access to XRP futures at a 1:1 ratio. With at least 80% of its assets allocated to XRP futures and related products, this fund is expected to attract institutional investors and generate new interest in the XRP market. The ETF has a net expense ratio of 0.94%, with a gross expense ratio of 1.15%.
