- VolatilityShares launches 1x XRP futures ETF; SEC delays spot ETF decisions.
- Launch boosts institutional interest in XRP futures products.
- On-chain activities suggest strategic positioning for futures opening.
VolatilityShares Expands ETF Offerings with 1x XRP Futures
VolatilityShares introduced the 1x XRP futures ETF to provide lower-risk exposure. The move follows its successful 2x XRP futures ETF.
The ETF is launched while the SEC delays decisions on spot applications by 21Shares and Franklin Templeton, creating extensive market interest.
Institutional Demand Rises for XRP Futures Products
The new ETF has drawn significant attention from institutional investors, evidenced by growing trading volumes . This indicates robust support for XRP.
The decision is seen as a positive signal for XRP’s potential in institutional portfolios, despite the regulatory hold-up.
SEC Delays Boost Early Interest in XRP Futures ETF
Previous XRP and BTC futures ETF launches have demonstrated similar patterns of increased inflows and adoption.
Expert analysis suggests that strong early interest in the ETF could signal broader regulatory approval eventually for spot products.
“The existing 2x XRP ETF has $120 million in assets under management and trades around $35 million daily. The new 1x product aims at investors looking for lower-risk exposure to XRP price action.” — Eric Balchunas, Senior ETF Analyst, Bloomberg
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