Both products are structured to allow market participants to trade XRP-linked instruments without directly managing wallets or engaging with the underlying token.
Additionally, Volatility Shares emphasized that the products offer access to XRP exposure without the complexities often associated with direct token ownership, such as wallet security or tax reporting requirements.
According to the firm, its experience managing crypto-linked ETFs and rapid response to new market listings position it to meet investor demand through familiar structures.
CEO Justin Young said:
“While others are still figuring out how to approach new digital assets, our investors can already be positioned through familiar ETF structures.”
Giovanni Vicioso, the global head of crypto products at CME Group, stated that the launch was motivated by growing interest in and adoption of the XRP Ledger (XRPL).
The launch of Volatility Shares XRP ETFs could increase these approval odds, which have already been boosted recently.
