The first quoted fund with Becks (ETF) based in the USA.
Volatility actions XRP ETF (XRPI) have a gross expenditure ratio of 1.15% and a net expenditure ratio after 0.94% rate exemptions.
The fund will invest at least 80% of its assets in XRP futures contracts and the actions of other ETP linked to XRP, according to a prospect. Volatility actions also plan to launch an ETF of futures XRP leveraged where it would join the Teucrium (XXRP), which opened for businesses in April.
Until now, XXRP has obtained $ 121 million in assets under management, which Bloomberg ETF senior ETF ETF Eric Balchunaded characterized as a “good sign that there will be demand” for XRPI.