May 22, 2025, marked a historic moment for the cryptocurrency market as the Volatility Shares XRP ETF (XRPI) started trading on the Nasdaq, becoming the first U.S.-based ETF tracking XRP futures on a one-to-one basis. This launch highlights the growing institutional acceptance of XRP and generates optimism within the community.
What Is the Volatility Shares XRP ETF?
The Volatility Shares XRP ETF (XRPI) offers investors access to XRP futures contracts without the need to directly own the cryptocurrency. According to the fund's prospectus, at least 80% of its assets will be invested in XRP futures contracts and shares of other XRP-linked products. The ETF has already attracted $121 million in assets under management, signaling significant interest from institutional investors.
The Growing Wave of XRP ETFs
The XRPI launch is not an isolated event. In April 2025, Teucrium Investment Advisors launched the 2x Long Daily XRP ETF, which garnered $5 million in trading volume on debut. Additionally, ProShares received approval for several XRP ETF variants, including ultra-short and leveraged options. These developments follow significant improvements in the legal status of XRP after the resolution of the lawsuit with the SEC in March 2025.
The Bullish XRP Community
The XRP community, often referred to as the 'XRP Army', is thrilled about the XRPI ETF launch, viewing it as validation of XRP's long-term potential. Participants on platform X actively express their optimism, highlighting that the ETF is a 'power move' towards attracting institutional capital. Overall, market observers expect the ETF launch to serve as a catalyst for further growth and adoption of XRP within financial structures.
The launch of the Volatility Shares XRP ETF symbolizes a significant step for XRP and the entire cryptocurrency space. It provides new opportunities for both institutional and retail investors, while reinforcing XRP's position as a key player in the financial market.
