Volatility Shares launched XRP futures ETFs on Nasdaq on May 22, 2025. The Volatility Shares Trust XRP ETF (XRPI) opened at $15.88 and closed at $15.81 on its debut. This event signals growing interest in XRP-related investment products despite ongoing regulatory uncertainties.
The Volatility Shares Trust XRP 2X ETF (XRPT) also launched on May 22, 2025, opening at $15.46 and closing at $15.41. Teucrium Investment Advisors' 2x XRP futures ETF (XXRP), launched earlier on Apr. 8, closed at $36.80 on May 22, 2025, after opening at $37.
These launches occur as the SEC's legal interactions with Ripple continue, including court decisions regarding settlement motions. XRP, with a market cap of $142 billion, traded at $2.42, up 12% over the previous day. The ETF launches have raised hopes for the debut of XRP-tied spot ETFs.
The launch of these XRP futures ETFs provides investors with new avenues for exposure to XRP price movements, reflecting the increasing integration of cryptocurrencies into mainstream financial markets.
The SEC's ongoing case with Ripple continues to be a focal point within the cryptocurrency community. The recent court's denial of their joint settlement motion on May 15, 2025, adds complexity to the regulatory landscape surrounding XRP.