{"id":448,"date":"2025-05-22T05:16:03","date_gmt":"2025-05-22T05:16:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/volatility-shares-to-launch-first-u-s-based-1x-xrp-futures-etf-xrp-price-hovers-above-2-35-support\/"},"modified":"2025-05-22T05:16:04","modified_gmt":"2025-05-22T05:16:04","slug":"volatility-shares-to-launch-first-u-s-based-1x-xrp-futures-etf-xrp-price-hovers-above-2-35-support","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/volatility-shares-to-launch-first-u-s-based-1x-xrp-futures-etf-xrp-price-hovers-above-2-35-support\/","title":{"rendered":"Volatility Shares to launch first U.S.-based 1x XRP futures ETF, XRP price hovers above $2.35 support"},"content":{"rendered":"
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On Thursday, May 22, Volatility Shares will introduce the first 1x XRP futures ETF in the U.S. under the ticker XRPI, providing investors with a new, less risky way to track XRP price movements.<\/p>\n

This ETF is the first non-leveraged XRP futures fund in the U.S. and will trade on the Nasdaq. Bloomberg ETF analyst Eric Balchunas confirmed the news on May 21, posting<\/a> on X that the fund follows the success of a leveraged 2x XRP (XRP) ETF already on the market. <\/p>\n

The Teucrium-managed 2x product has amassed approximately $120 million in assets and trades about $35 million daily, indicating a growing demand for ETFs linked to XRP.\u00a0<\/p>\n

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VolatilityShares is launching the first-ever XRP futures ETF tomorrow, ticker $XRPI<\/a>.. yes there is a 2x XRP already on market (this is first 1x) and it has $120m aum and trades $35m\/day. Good signal that there will be demand for this one. pic.twitter.com\/rCooyNZgu0<\/a><\/p>\n

\u2014 Eric Balchunas (@EricBalchunas) May 21, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

The new XRPI ETF, in contrast to the 2x version, will seek to replicate the performance of XRP futures one-to-one, making it more appropriate for institutional and retail investors seeking exposure to XRP without the additional risks associated with leverage.<\/p>\n

Volatility Shares will serve as the investment adviser, and the fund will charge a management fee of 1.15%, though this will be reduced to 0.94% through May 2026 under a fee waiver agreement. <\/p>\n

The XRPI fund will primarily invest in cash-settled XRP futures contracts via a Cayman Islands subsidiary and will allocate at least 80% of its assets to XRP-linked financial instruments.\u00a0<\/p>\n

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This launch comes as the U.S. Securities and Exchange Commission continues to delay decisions on several spot XRP ETF proposals, including applications from 21Shares and Franklin Templeton. A response is expected by June 17. <\/p>\n

Demand for XRP exposure is also rising on other platforms. The Chicago Mercantile Exchange launched XRP futures on May 19, and $19 million was traded on their first day of trading.\u00a0<\/p>\n

As of this writing, XRP is trading just above $2.35, indicating a mixed picture according to technical indicators. The asset appears to be forming a bullish flag, which is typically a continuation pattern, even though confirmation is required.<\/p>\n

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XRP price analysis. Credit: crypto.news<\/figcaption><\/figure>\n

At 54, the relative strength index indicates neutral momentum. The majority of moving averages, including the 20, 50, 100, and 200-day EMAs, exhibit bullish signals, with XRP prices trading above these averages. The moving average convergence divergence, however, suggests that there may be short-term selling pressure.<\/p>\n

If XRP stays above $2.35 and breaks above $2.50, it may resume its upward trajectory and target the $2.70\u2013$2.80 range, supported by strong EMA alignment and sentiment fueled by ETFs. XRP may retest the $2.20\u2013$2.25 range if it breaks below the $2.35 support. If selling pressure rises, it may fall even further toward the 100-day EMA close at $2.06.<\/p>\n

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