3 0
First U.S. XRP Futures ETF Launches on Nasdaq Exchange
The first U.S.-based ETF tracking XRP futures, the Volatility Shares XRP ETF (XRPI), began trading on Nasdaq.
- Gross expense ratio is 1.15%, net expense ratio after fee waivers is 0.94%
- At least 80% of assets will be in XRP futures contracts and other XRP-linked ETPs
- A leveraged 2x XRP futures ETF is also planned
- Teucrium's XXRP ETF launched in April, currently has $121 million in assets under management
- Analyst Eric Balchunas indicates strong demand potential for XRPI