Volatility Shares is set to launch the first-ever 1x XRP Futures ETF on May 22, trading under the ticker “XRPI.” The product marks a major milestone for XRP-based investment offerings in the United States, especially as the SEC continues to delay spot ETF approvals. The move highlights growing institutional interest in XRP exposure with reduced risk.
Surge in Demand for 1x XRP Futures ETF
According to Bloomberg ETF analyst Eric Balchunas, the XRPI ETF will offer unleveraged exposure to XRP futures. This is significant, as the only existing XRP futures ETF is a 2x leveraged product—amplifying gains and losses. By contrast, the 1x version is designed for investors seeking lower volatility and more stable returns.
The current 2x XRP ETF manages $120 million in assets and sees an average daily volume of $35 million. These numbers reflect a strong appetite for XRP-related financial products. The introduction of XRPI aims to tap into that demand while appealing to a more risk-conscious segment of the market.
This launch also signals a broader shift: institutional players are increasingly engaging with XRP, despite lingering regulatory uncertainty. The XRPI ETF offers a bridge between traditional finance and the crypto market, making XRP exposure more accessible through familiar investment channels.
With its straightforward structure and timing amid rising crypto momentum, XRPI may well become a popular choice for investors looking to enter the XRP market without the added risks of leverage.
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