Volatility Shares has introduced three new products linked to the XRP token, providing investors with options to both support and hedge against the market.
New XRP-Based ETF Proposals
Volatility Shares, known for its innovative fund products, has introduced three new ETFs related to XRP. Among them is the notable -1x XRP ETF, enabling investors to bet against the Ripple-linked token. This offering expands the range of investment strategies available for XRP.
Features and Risks of the New Products
The new Volatility Shares products include a standard spot XRP ETF and a leveraged product that doubles the token's performance. In its filings, the firm highlighted risks such as the potential increase in the global supply of the token, forks in the XRP Ledger, and regulatory concerns over its classification as a security.
Future Approval and Market Competition
Despite an ongoing SEC appeal against Ripple, attention remains on ETF filings. Polymarket shows a 76% chance of a U.S. approval this year. This comes as Brazil recently approved a spot XRP ETF.
Volatility Shares' initiative to diversify investment options with XRP ETFs presents new opportunities for investors, but requires careful consideration of associated risks and regulatory challenges.
