Volatility Shares to Launch First XRP Futures ETF

According to Foresight News, Bloomberg ETF analyst Eric Balchunas announced that Volatility Shares is set to launch the first XRP futures ETF, with the ticker symbol "XRPI," tomorrow. This will be the first single XRP ETF, complementing an existing 2x XRP ETF. The current ETF has an asset management scale of $120 million and a daily trading volume of $35 million, indicating a strong market demand.