Wall Street Finally Catches Up: Volatility Shares Launches First 1X XRP Futures ETF

After years of crypto derivatives playing second fiddle, Volatility Shares just dropped a game-changer—the first US-listed 1X XRP futures ETF. No leveraged bets, no complex options—just pure, unfiltered exposure to Ripple’s embattled token. Traders now get institutional-grade access without the custody headaches.

Why it matters: The SEC spent years fighting XRP’s very existence. Now, Wall Street’s packaging it like just another commodity. Ironic, isn’t it? The same suits who called crypto a scam are now selling it wrapped in their favorite acronym.

Bonus jab: Nothing says ’mature asset class’ like slapping ’ETF’ on something that still gets delisted on whims. Progress—or just another way to charge 0.75% for what a Coinbase account does for free?

Broad offering of XRP products

The launch comes days after XRP futures began trading on the CME Group’s derivatives platform. On May 19, CME recorded more than $15.6 million inacross its standard and micro XRP futures offerings. 

Giovanni Vicioso, the global head of crypto products at CME Group, stated that the launch was motivated by growing interest in and adoption of the XRP Ledger (XRPL).

Furthermore, CME’s launch of CFTC-regulated XRP derivatives provided a firm footing for a potential spot XRP ETF approval. ETF Store president Nate Geracion the launch date that spot XRP ETFs coming to the US is “only a matter of time.”

The launch of Volatility Shares XRP ETFs could increase these approval odds, which have already been boosted recently.