Amplify XRP 3% Monthly Option Income ETF (XRPM)

The Amplify XRP 3% Monthly Option Income ETF (XRPM) is an exchange-traded fund from Amplify ETFs that combines exposure to XRP with an options-based income strategy.

The fund gains exposure to the price of XRP, the digital asset of the XRP Ledger, generally through XRP-linked exchange-traded products, and writes call options on that exposure. The premiums collected are intended to support a monthly distribution targeting roughly 3 percent per month.

Selling call options limits how much the fund can benefit from sharp rallies in XRP, while the fund remains exposed to declines in its price. The strategy is designed to turn a volatile crypto asset into a source of regular income.