XRP Futures ETF Hits Nasdaq—Volatility Shares Makes Crypto History
Wall Street’s latest love affair with crypto takes a daring turn as Volatility Ships drops the first-ever XRP futures ETF on Nasdaq. Forget ’wait-and-see’—this is a full-throttle institutional embrace of Ripple’s embattled token.
Why it matters: After years of regulatory limbo, XRP just got a backdoor ticket to mainstream portfolios. The ETF structure lets trad-fi players dabble in Ripple’s ecosystem without touching the actual coin—because nothing says ’progress’ like avoiding the asset you’re betting on.
The fine print: While crypto purists scoff at synthetic exposure, the launch signals growing demand for altcoin vehicles. Nasdaq’s stamp of approval doesn’t hurt either—though we’d remind everyone this is the same exchange that listed Theranos.
Bottom line: Another brick in crypto’s wall of legitimacy, or just another way for hedge funds to over-leverage themselves? Place your bets—the casino is officially open.
In a big move for the crypto industry, the first XRP futures ETF on Nasdaq launched by Volatility Shares. This new fund, called $XRPI, lets people invest in XRP without needing to buy or hold the actual crypto. It officially launched on May 22, can be found on the Read More
