在股票符號XRPI下的交易，新基金今天開始在納斯達克貿易，為零售和機構投資者提供了一種新的方式，可以在不直接持有加密貨幣的情況下獲得XRP的曝光率。

這個里程碑標誌著XRP在傳統金融中的存在的顯著擴展，有可能為更廣泛的採用開放。 ETF通過基於開曼群島的子公司跟踪XRP期貨，其中至少80％的淨資產投資於XRP連接的工具。

The first-ever 1x XRP futures ETF has begun trading today on Nasdaq.

納斯達克（Nasdaq）今天開始交易的第一個1x XRP期貨ETF已開始交易。

The ETF, named XRPI and offered by Volatility Shares, provides both retail and institutional investors with a new way to gain exposure to XRP without directly holding the cryptocurrency.

ETF名為XRPI，由波動性股票提供，為零售和機構投資者提供了一種新的方式，可以在不直接持有加密貨幣的情況下獲得接觸XRP。

This milestone marks a significant expansion of XRP’s presence in traditional finance and could potentially open the floodgates for broader adoption.

這個里程碑標誌著XRP在傳統金融中的存在的顯著擴展，並有可能為更廣泛的採用而打開閘門。

The ETF tracks XRP futures via a Cayman Islands-based subsidiary, with at least 80% of the fund’s net assets invested in XRP-linked instruments, according to filings with the U.S. Securities and Exchange Commission (SEC).

根據美國證券交易委員會（SEC）的文件，ETF通過總部位於開曼群島的子公司追踪XRP期貨，該子公司至少有80％的淨資產投資於XRP連接的工具。

The launch was confirmed by Bloomberg Intelligence analyst Eric Balchunas, who described the fund as a “market first.”

彭博情報分析師埃里克·巴爾庫納斯（Eric Balchunas）證實了該發布的發布，他將該基金描述為“首先”。

“Less risky than the existing 2x (HAS:VXRSI) which has $120m in assets and trades $35m daily. Shows strong demand for XRP.”

“比現有的2倍（有：VXRSI）的風險較小，該資產的資產為1.2億美元，每天交易3500萬美元。對XRP的需求強勁。”

Lower-Risk Option Gains Momentum

較低風險的選擇獲得勢頭

The new 1x XRP ETF is designed to appeal to risk-conscious investors who want to track XRP price movements without facing the volatility associated with leveraged ETFs.

新的1x XRP ETF旨在吸引人們希望跟踪XRP價格變動的風險意識投資者，而不必面對與槓桿ETF相關的波動性。

The move is especially significant in light of growing institutional interest in Ripple crypto and its underlying technology.

鑑於對Ripple Crypto及其潛在技術的機構興趣的日益增加，此舉尤其重要。

Industry experts believe the XRPI ETF could serve as a stepping stone toward even more robust investment vehicles, including the long-awaited spot XRPI ETF.

行業專家認為，XRPI ETF可以用作更強大的投資工具的墊腳石，包括期待已久的現場XRPI ETF。

While leveraged options like the 2x XRP ETF have drawn over $106 million in assets since April, the XRP offers a more stable route for exposure.

自4月以來，諸如2x XRP ETF之類的槓桿期權已經吸引了超過1.06億美元的資產，但XRP提供了更穩定的曝光路線。

“There will be demand for this one,” Balchunas remarked, highlighting the rapid growth of similar XRP investment products as a clear indicator of market enthusiasm.

Balchunas指出：“對此有需求。”這強調了類似的XRP投資產品的快速增長，這是市場熱情的明確指標。

CME and Regulatory Signals Add Momentum

CME和監管信號增加動量

Adding to the momentum, the Chicago Mercantile Exchange (CME) recently rolled out both standard and micro XRP futures contracts.

芝加哥商業交易所（CME）最近推出了標準和微型XRP期貨合約。

These are cash-settled and benchmarked to the CME CF XRP-Dollar Reference Rate. Trading volume for these futures exceeded $2.4 million on day one and later rose to $19 million, according to market analyst Chad Steingraber.

這些是現金定為CME CF XRP-BOLRAR參考率的現金定位和基準的。市場分析師Chad Steingraber稱，這些期貨的交易量超過240萬美元，後來增加到1900萬美元。

“Interest in XRP has steadily increased,” said Giovanni Vicioso, head of crypto products at CME. He noted that institutional investors are looking for “regulated derivatives products across a wider range of tokens.”

CME加密產品負責人Giovanni Vicioso說：“對XRP的興趣穩步增加。”他指出，機構投資者正在尋找“遍布更廣泛的代幣的監管衍生產品產品”。

This institutional uptick is timely, as the SEC is currently reviewing proposals for spot XRP ETFs submitted by 21Shares and Franklin Templeton.

這種機構上升是及時的，因為SEC目前正在審查21shares和Franklin Templeton提交的Spot XRP ETF的建議。

Decisions are expected by June 17, 2025, and the sentiment among market participants is optimistic. On Polymarket, over 83% of traders anticipate that a spot XRP ETF will be approved before the end of the year.

預計將在2025年6月17日之前做出決定，而市場參與者之間的情感是樂觀的。在Polymarket上，超過83％的交易者預計將在年底之前批准XRP ETF。

Changing Regulatory Climate Favors XRP

改變監管氣候有利於XRP

Another key factor driving optimism in the Ripple market is the recent leadership change at the SEC.

在波紋市場上推動樂觀的另一個關鍵因素是SEC最近的領導力變化。

New chairman Paul Atkins, who succeeded Gary Gensler, is seen as more crypto-friendly and open to innovation in financial markets. Gensler had previously blocked numerous altcoin ETF applications and was viewed as a major obstacle in the Ripple lawsuit saga.

接替加里·貢斯勒（Gary Gensler）的新主席保羅·阿特金斯（Paul Atkins）被認為更友好地友好，對金融市場的創新開放。 Gensler此前曾阻止眾多Altcoin ETF應用，並被視為波紋訴訟傳奇中的主要障礙。

Industry insiders say Atkins’ appointment could mark a turning point.

行業內部人士說，阿特金斯的任命可能標誌著一個轉折點。

“I simply don’t see this SEC not approving spot XRP ETF,” said Nate Geraci, president of the ETF Store, echoing broader industry confidence.

ETF商店總裁內特·格拉西（Nate Geraci）表示：“我根本看不到這SEC不批准XRP ETF。”

The possibility of spot approval follows years of legal uncertainty stemming from the XRP SEC lawsuit, which has significantly impacted Ripple XRP news headlines. However, with partial legal clarity and increasing market maturity, the token is gaining traction once again.

XRP SEC訴訟引起了多年的法律不確定性之後，現場批准的可能性極大地影響了Ripple XRP新聞頭條。但是，隨著部分法律清晰度和市場成熟度的提高，令牌再次獲得了吸引力。

Outlook for XRP Price and Investor Interest

XRP價格和投資者利息的前景

As Ripple news gains traction, many analysts believe these developments could have a direct impact on XRP value in the near future.

隨著Ripple News獲得的吸引力，許多分析師認為，這些發展可能會在不久的將來對XRP價值產生直接影響。

While XRP still trails Bitcoin and Ethereum in terms of market capitalization, the introduction of regulated investment vehicles could be a catalyst for renewed growth.

儘管XRP在市值方面仍然落後於比特幣和以太坊，但引入受監管的投資工具可能是重新增長的催化劑。

Traders are closely watching XRP price prediction charts, especially with key levels such as $2.95, $3.39, and $3.87 being floated as the next bullish targets. The consolidation of XRP above the $2.30 zone has already been interpreted as a healthy sign of market structure.

交易者正在密切關注XRP價格預測圖表，尤其是關鍵水平，例如2.95美元，3.39美元和3.87美元，作為下一個看漲目標。 XRP在2.30美元的區域上方的合併已經被解釋為市場結構的健康跡象。

Additionally, XRP’s association with major institutions like the Ripple Bank of America partnership, along with its growing list of use cases on the Ripple ledger, continue to support its long-term fundamentals.

此外，XRP與Ripple Bank of America Partnership這樣的主要機構的聯繫，以及在Ripple Ledger上越來越多的用例清單，繼續支持其長期基本面。

Final Thoughts

最後的想法

The launch of the XRPI ETF by Volatility Shares represents a pivotal moment in XRP’s integration into mainstream finance. With futures now trading on both Nasdaq and CME, and the probability of a spot ETF approval rising, XRP is securing a strong foothold on Wall Street.

波動率共享XRPI ETF的推出代表了XRP集成到主流金融中的關鍵時刻。隨著期貨在納斯達克和CME的交易以及現貨ETF批准的可能性上升的可能性，XRP在華爾街的立足點處於強大的立足點。

While regulatory uncertainties remain, today’s launch sends a clear signal: XRP is no longer just a cryptocurrency—it’s becoming a core component of institutional portfolios and a serious contender in the evolving digital asset landscape.

儘管保險不確定性仍然存在，但今天的發布會發出明顯的信號：XRP不再只是加密貨幣 - 它已成為機構投資組合的核心組成部分，並且是不斷發展的數字資產環境中的認真競爭者。

As Ripple exchange products continue to evolve and regulatory clarity improves, investors will be watching closely for the next chapter in this unfolding story.

隨著Ripple Exchange產品的不斷發展和監管清晰度的提高，投資者將密切關注這個不斷發展的故事的下一章。