The Volatility Shares Trust XRP ETF (ticker: XRPI) is an innovative financial product designed for investors seeking structured exposure to the cryptocurrency market, specifically targeting price movements in XRP while hedging against the US dollar. As a part of the Pair-focused category, this ETF employs an advanced strategy of being Long XRP and Short USD within the Derivative niche, providing a unique investment opportunity. XRPI is actively managed, utilizing near-term futures and XRP-linked instruments to capture the dynamic price fluctuations of XRP without directly holding the cryptocurrency itself. This approach allows investors to potentially benefit from XRP's price volatility while mitigating risks associated with direct cryptocurrency ownership. With its strategic focus and cutting-edge derivative tools, XRPI caters to sophisticated investors who are looking to diversify their portfolios with a nuanced exposure to the crypto space.
Volatility Shares Trust XRP ETF (XRPI) Fund Flow Chart
Volatility Shares Trust XRP ETF (XRPI) 1 year Net Flows: $136M
XRPI ETF FAQ
What was XRPI’s price range in the past 12 months?
XRPI lowest ETF price was $12.69 and its highest was $23.53 in the past 12 months.