XRP Futures ETF Debuts on Nasdaq Amid Growing Institutional Interest

The first U.S.-based exchange-traded fund (ETF) tracking XRP futures one-to-one has officially launched on the Nasdaq exchange. The Volatility Shares XRP ETF, trading under the ticker XRPI, offers investors a new way to gain exposure to XRP derivatives through a regulated product.

XRPI comes with a gross expense ratio of 1.15%, but after fee waivers, the net expense ratio stands at 0.94%, making it relatively competitive in the crypto ETF space. According to its prospectus, the fund will allocate at least 80% of its assets to XRP futures contracts and XRP-linked exchange-traded products (ETPs). This structure aims to give investors direct exposure to XRP price movements without holding the asset itself.

Volatility Shares also revealed plans to launch a leveraged 2x XRP futures ETF, potentially expanding the market for crypto leverage-based strategies. This would place it alongside Teucrium’s XXRP, which started trading in April. XXRP has already attracted $121 million in assets under management, a performance Bloomberg ETF analyst Eric Balchunas described as a strong indicator of investor appetite for XRP-linked products.

The XRPI launch reflects increasing institutional demand for regulated XRP investment vehicles amid renewed interest in altcoins. As the crypto market matures, ETFs like XRPI may play a pivotal role in bridging traditional finance with digital assets. Investors looking to diversify their portfolios with XRP exposure now have a compliant and straightforward route via the Nasdaq-listed fund.

This milestone comes at a time when regulatory clarity around XRP is evolving, potentially fueling further growth in XRP derivatives and spot-tracking instruments.