VolatilityShares is making history with the introduction of the first standard (1x) XRP-Futures Exchange Traded Fund (ETF) in the cryptocurrency sector. The ETF, trading under the ticker XRPI, is designed to replicate XRP-Futures movements.

Eric Balchunas, a Senior ETF Analyst at Bloomberg, revealed this development via his X social media page. The launch seeks to leverage the increasing appetite for ETFs in the market.