Volatility Shares Trust XRP ETF
XRPI
48 hedge funds and large institutions have $18.6M invested in Volatility Shares Trust XRP ETF in 2025 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 14 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
7% more funds holding
Funds holding: 45 → 48 (+3)
2.67% more ownership
Funds ownership: 10.91% → 13.58% (+2.7%)
12% less capital invested
Capital invested by funds: $21.2M → $18.6M (-$2.61M)
13% less call options, than puts
Call options by funds: $3.25M | Put options by funds: $3.72M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.04M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.72M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$2.28M |
| 4 |
FC
Farringdon Capital
London,
United Kingdom
|
+$2.26M |
| 5 |
VF
Virtu Financial
New York
|
+$733K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFG
Independent Financial Group
San Diego,
California
|
-$2.23M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$1.9M |
| 3 |
JG
Jain Global
New York
|
-$1.7M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$945K |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
-$573K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
51
Jain Global
New York
| – | -$1.7M | -98,322 | Closed |
|
|
DS
52
DRW Securities
Chicago,
Illinois
| – | -$573K | -34,165 | Closed |
|
|
KP
53
Keel Point
Huntsville,
Alabama
| – | -$270K | -15,645 | Closed |
|
|
SF
54
Seros Financial
Tempe,
Arizona
| – | -$261K | -15,130 | Closed |
|
|
IAS
55
Insigneo Advisory Services
Miami,
Florida
| – | -$191K | -11,050 | Closed |
|
|
CF
56
Centaurus Financial
Anaheim,
California
| – | -$147K | -8,505 | Closed |
|
|
FRA
57
Front Row Advisors
Tiburon,
California
| – | -$112K | -6,500 | Closed |
|
|
WANY
58
Wealthspire Advisors (New York)
New York
| – | -$43.2K | -2,500 | Closed |
|
|
MCM
59
Manchester Capital Management
Manchester,
Vermont
| – | -$36.4K | -2,106 | Closed |
|
|
SIS
60
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$2.09K | -125 | Closed |
|
|
CFD
61
Creative Financial Designs
Kokomo,
Indiana
| – | -$1.74K | -100 | Closed |
|
62
JP Morgan Chase
New York
| – | -$32 | -1 | Closed |
|
XRPI Hedge Fund Activity: Q4 2025 in Review
48 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Volatility Shares Trust XRP ETF (XRPI) for Q4 2025, worth a combined $18.6M — down 12% from $21.2M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new XRPI positions and 14 closed out — a net gain of 3 holders — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Jane Street, adding an estimated $4.04M. The largest seller was Independent Financial Group, exiting entirely with an estimated $2.23M sold.
- 48 institutional investors held Volatility Shares Trust XRP ETF (XRPI) as of Q4 2025, up from 45 in Q3 2025.
- Funds reported $18.6M of Volatility Shares Trust XRP ETF stock for Q4 2025, down 12% quarter-over-quarter.
- 17 funds opened new Volatility Shares Trust XRP ETF positions in Q4 2025 and 14 closed out, a net change of +3 holders.
- The largest Volatility Shares Trust XRP ETF buyer in Q4 2025 was Jane Street, an estimated $4.04M added.
- The largest Volatility Shares Trust XRP ETF seller in Q4 2025 was Independent Financial Group, an estimated $2.23M sold.
Based on aggregated 13F filings for Q4 2025.