波動率股票推出了該行業的第一個XRP期貨ETF

波動率股票正準備在5月22日推出該行業的第一個XRP期貨ETF。根據XRPI的股票交易，該產品將主要投資於XRP期貨合約。

Volatility Shares is set to launch the industry’s first XRP futures ETF on May 22. The product, trading under the ticker XRPI, will mainly invest in futures contracts on the digital asset.

波動率股票將於5月22日推出該行業的第一個XRP期貨ETF。該產品以XRPI的股票交易將主要在數字資產上投資期貨合約。

This marks a significant moment for XRP, allowing investors to access it through regulated investments rather than holding the token directly. The launch follows the introduction of XRP futures on the Chicago Mercantile Exchange (CME).

這標誌著XRP的重要時刻，使投資者能夠通過受監管的投資而不是直接持有令牌。發布會是在芝加哥商業交易所（CME）引入XRP期貨之後的。

The launch of XRP derivatives on CME highlighted the growing demand among institutions for regulated XRP products.

XRP衍生產品在CME上的推出強調了機構對受監管XRP產品的需求不斷增長。

Bloomberg analyst Eric Balchunas highlighted that the Volatility Shares ETF is the first of its kind in the crypto market, unlike the current 2x leveraged XRP ETFs. He anticipates that the new fund will attract investors and thus encourage more adoption of XRP futures.

彭博分析師埃里克·巴爾庫納斯（Eric Balchunas）強調，與當前的2x槓桿XRP ETF不同，波動性ETF是加密貨幣市場中的第一個。他預計新基金將吸引投資者，從而鼓勵更多地採用XRP期貨。

Whales Sell Over 60 Million XRP Amid Market Activity

鯨魚在市場活動中銷售超過6000萬XRP

In contrast to the ETF’s enthusiasm, XRP whales have sold over 60 million XRP tokens within the past 72 hours, according to crypto analyst Ali. The size of these sales has sparked doubts among those in the crypto community.

據加密分析師Ali稱，與ETF的熱情相反，XRP鯨在過去72小時內售出了超過6000萬個XRP令牌。這些銷售的規模引發了加密社區中的人們的懷疑。

Experts note that this whale activity is typically part of an investor’s portfolio management, not a signal of bearish sentiment.

專家指出，這種鯨魚活動通常是投資者的投資組合管理的一部分，而不是看跌的信號。

The XRP price ranged between $2.35 and $2.55 during the market slump, evidence that buyers have absorbed the selling pressure. The token’s resilience might demonstrate steady demand and liquidity in the XRP market.

XRP價格在市場衰退期間的價格在2.35美元至2.55美元之間，證明買家已經吸收了銷售壓力。令牌的彈性可能表明XRP市場的需求和流動性穩定。

Additionally, CryptoQuant metrics from May 22 show a significant net inflow of approximately 440,000 XRP to centralized exchanges, accompanied by multiple whale inflow spikes. This pattern reflects growing selling on the exchange, most likely because of profit-taking after XRP reached about $2.41.

此外，從5月22日起的加密指標顯示，大約440,000 XRP向集中式交換的淨流入量，並伴隨著多個鯨魚流入峰值。這種模式反映了交易所銷售的日益增長，很可能是因為XRP達到2.41美元後獲利。

This behavior contrasts with prior accumulation phases, suggesting a shift from holding to distribution.

這種行為與先前的積累階段形成鮮明對比，表明從保持轉向分佈。

Institutional Developments and Regulatory Outlook Shape XRP’s Path

機構發展和監管前景XRP的路徑

XRP is expected to recover well despite the conflicting trends.

儘管趨勢矛盾，XRP仍有望很好地恢復。

Still in a legal battle with the U.S. Securities and Exchange Commission (SEC), recent rulings are helping clarify the token’s regulatory status. Moreover, Ripple’s growth in international payment networks helps build a long-term use for XRP.

仍在與美國證券交易委員會（SEC）的法律鬥爭中，最近的裁決正在幫助澄清令牌的監管狀況。此外，Ripple在國際支付網絡中的增長有助於為XRP建立長期使用。

Market participants also anticipate that the SEC will approve a spot XRP ETF by 2025. As more investors and institutions show interest, the launch of futures ETFs could help the SEC approve them.

市場參與者還預計，美國證券交易委員會（SEC）將在2025年批准XRP ETF。隨著越來越多的投資者和機構表現出興趣，期貨ETF的推出可以幫助SEC批准他們。

Furthermore, optimism about crypto ETF approvals has grown with the SEC’s support for digital assets, led by the new SEC chair, Paul Atkins. This regulatory change may make it easier for XRP to be accepted as a good investment.

此外，對新任SEC主席保羅·阿特金斯（Paul Atkins）領導的SEC對數字資產的支持，對加密ETF批准的樂觀情緒已增強。這種監管變化可能會使XRP更容易被接受為一項良好的投資。