Volatility Shares Trust XRP ETF (XRPI)

The Volatility Shares Trust XRP ETF (XRPI) is an exchange-traded fund from Volatility Shares that provides exposure to the price of XRP, the digital asset used on the XRP Ledger.

Rather than holding XRP tokens directly, the fund obtains its exposure primarily through XRP futures contracts traded on regulated U.S. exchanges, along with cash and short-term Treasury instruments held as collateral. Futures roll costs and differences between futures and spot prices mean the fund's results can differ from spot XRP performance.

The fund is unleveraged and is intended to provide simple, regulated access to XRP price movements through a standard brokerage account.