Unbelievable! A Futures ETF That’s Not Trying to Pull a Fast One! 😱

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Gather ’round, my dear financial mischief-makers! 🥳

Volatility Shares, those cheeky wizards of Wall Street, are about to do something quite extraordinary. On the auspicious day of May 22, they will plop the first-ever 1x XRP futures ETF right onto our laps, and it shall be known as “XRPI!” Yes, you heard it right—one times XRP futures, not one too many! 🎉

XRP Futures

Now, according to the very wise cupcake of ETFs, Eric Balchunas from Bloomberg, this charming little ETF is set to tickle our fancy with its unleveraged exposure. That’s right, folks! No fancy double-dip nonsense here—just pure, unadulterated, single exposure to the wild world of XRP futures!

Eric couldn’t help but chirp on social media about the existing 2x XRP ETF with its gloriously inflated assets of $120 million, where they trade about $35 million daily. What a jolly good show! 🎪 People clearly want a slice of this XRP pie, and the XRPI is here to scoop it up without the rollercoaster ride of leveraged madness. 🎢

ETF Launch

This splendid new offering is like the soothing cup of chamomile tea for investors who prefer a sprinkle of calm instead of a tidal wave of volatility. Because who doesn’t want their investments to be a little less… exciting? 😉

So, dear investors, brace yourselves—this launch could be the talk of the town, gathering everyone from the casual penny-pincher to the high-flying institutional whizzes. Will you be in the crowd, or will you be watching from the sidelines with a bewildered expression? Either way, don’t miss out on this delightful opportunity to get involved in a non-chaotic corner of the financial circus! 🎪

Read more about this delicious financial escapade over at Coingape.com.

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2025-05-21 20:53