波动率股票推出了该行业的第一个XRP期货ETF

波动率股票正准备在5月22日推出该行业的第一个XRP期货ETF。根据XRPI的股票交易，该产品将主要投资于XRP期货合约。

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.

波动率股票将于5月22日推出该行业的第一个XRP期货ETF。该产品以XRPI的股票交易将主要在数字资产上投资期货合约。

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).

这标志着XRP的重要时刻，使投资者能够通过受监管的投资而不是直接持有令牌。发布会是在芝加哥商业交易所（CME）引入XRP期货之后的。

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

XRP衍生产品在CME上的推出强调了机构对受监管XRP产品的需求不断增长。

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.

彭博分析师埃里克·巴尔库纳斯（Eric Balchunas）强调，与当前的2x杠杆XRP ETF不同，波动性ETF是加密货币市场中的第一个。他预计新基金将吸引投资者，从而鼓励更多地采用XRP期货。

Whales Sell Over 60 Million XRP Amid Market Activity

鲸鱼在市场活动中销售超过6000万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.

据加密分析师Ali称，与ETF的热情相反，XRP鲸在过去72小时内售出了超过6000万个XRP令牌。这些销售的规模引发了加密社区中的人们的怀疑。

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

专家指出，这种鲸鱼活动通常是投资者的投资组合管理的一部分，而不是看跌的信号。

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价格在市场衰退期间的价格在2.35美元至2.55美元之间，证明买家已经吸收了销售压力。令牌的弹性可能表明XRP市场的需求和流动性稳定。

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，从5月22日起的加密指标显示，大约440,000 XRP向集中式交换的净流入量，并伴随着多个鲸鱼流入峰值。这种模式反映了交易所销售的日益增长，很可能是因为XRP达到2.41美元后获利。

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

这种行为与先前的积累阶段形成鲜明对比，表明从保持转向分布。

Institutional Developments and Regulatory Outlook Shape XRP’s Path

机构发展和监管前景XRP的路径

XRP is expected to recover well despite the conflicting trends.

尽管趋势矛盾，XRP仍有望很好地恢复。

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.

仍在与美国证券交易委员会（SEC）的法律斗争中，最近的裁决正在帮助澄清令牌的监管状况。此外，Ripple在国际支付网络中的增长有助于为XRP建立长期使用。

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.

市场参与者还预计，美国证券交易委员会（SEC）将在2025年批准XRP ETF。随着越来越多的投资者和机构表现出兴趣，期货ETF的推出可以帮助SEC批准他们。

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，对新任SEC主席保罗·阿特金斯（Paul Atkins）领导的SEC对数字资产的支持，对加密ETF批准的乐观情绪已增强。这种监管变化可能会使XRP更容易被接受为一项良好的投资。