CandleFocus

Volatility Shares Files for 3 XRP ETFs

Asset manager Volatility Shares has filed for the launch of three new exchange-traded funds (ETFs) based on XRP. The products include a spot XRP ETF, a 2x leveraged XRP ETF, and an inverse -1x XRP ETF, offering different ways for investors to track, amplify, or bet against the price of XRP. The move comes as regulatory approval for a spot XRP ETF is expected, with traders giving it a 77% chance of approval this year. Volatility Shares joins several other asset managers, including Grayscale and Bitwise, who are also looking to launch XRP ETFs in the United States.

Related News