First U.S. XRP Futures ETF Begins Trading on Nasdaq

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CoinDesk 13h ago

First U.S. XRP Futures ETF Begins Trading on Nasdaq - CoinDesk

Quick Summary:

The fund will invest at least 80% of its assets in XRP futures contracts and shares of other XRP-linked exchange-traded products.

The Volatility Shares XRP ETF (XRPI) has a gross expense ratio of 1.15% and a net expense ratio after fee waivers of 0.94%.

XXRP has so far pulled in $121 million in assets-under-management, which Bloomberg senior ETF analyst Eric Balchunased characterized as a “good signal that there will be demand” for XRPI.