The Volatility Shares Trust XRP 2X ETF (ticker: XRPT) is a dynamic investment vehicle designed for those seeking amplified exposure to the price movements of Ripple's cryptocurrency, XRP, without direct ownership. As an actively managed fund, XRPT aims to deliver twice the daily return of XRP by leveraging near-term futures and XRP-linked instruments, effectively doubling the potential gains or losses. This ETF falls under the 'Pair' category, focusing on a strategic investment approach that involves holding long positions in XRP while simultaneously shorting the US Dollar (USD), thereby providing a unique opportunity to capitalize on the volatility and market dynamics of these currencies. Operating within the Derivative niche, XRPT specifically caters to sophisticated investors looking to exploit XRP's price fluctuations through advanced financial instruments. By offering enhanced exposure to cryptocurrency markets, the fund provides a compelling option for those aiming to diversify their portfolios with a high-risk, high-reward investment strategy.
Volatility Shares Trust XRP 2X ETF (XRPT) Fund Flow Chart
Volatility Shares Trust XRP 2X ETF (XRPT) 1 year Net Flows: 289M