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Ripple (XRP) News: First U.S.-Based Futures ETF Opens for Trade

  • Volatility Shares launched the first U.S.-based 1x XRP futures ETF, XRPI, which began trading on the Nasdaq on May 22, 2025.
  • The launch comes amid increasing institutional demand for XRP and ongoing regulatory delays as the SEC continues to review pending applications for spot XRP ETFs.
  • XRPI primarily allocates at least 80% of its assets to cash-settled XRP futures contracts through a Cayman Islands entity, charging an annual management expense of 1.15%, which is temporarily lowered to 0.94% until May 22, 2026.
  • Bloomberg analyst Eric Balchunas forecasted strong demand for XRPI, citing rising appetite for regulated XRP products and referencing the success of Teucrium's 2x leveraged XRP futures ETF, XXRP.
  • The XRPI ETF's debut marks a significant step in providing regulated exposure to XRP futures, potentially expanding access for traditional investors amid evolving SEC leadership favoring digital assets.
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Fxcryptonews broke the news in on Thursday, May 22, 2025.
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