Volatility Shares Trust XRP ETF
XRPI
45 hedge funds and large institutions have $21.2M invested in Volatility Shares Trust XRP ETF in 2025 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 4 increasing their positions, reducing their positions, and 1 closing their positions.
3,800% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 1
795% more capital invested
Capital invested by funds: $2.37M → $21.2M (+$18.9M)
543% more funds holding
Funds holding: 7 → 45 (+38)
96% more call options, than puts
Call options by funds: $1.4M | Put options by funds: $717K
1.34% more ownership
Funds ownership: 9.57% → 10.91% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWM
Refined Wealth Management
Salt Lake City,
Utah
|
+$2.97M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
+$2.2M |
| 3 |
FC
Farringdon Capital
London,
United Kingdom
|
+$2.15M |
| 4 |
IPW
IronBridge Private Wealth
Austin,
Texas
|
+$2.09M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$2.52K |
XRPI Hedge Fund Activity: Q3 2025 in Review
45 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Volatility Shares Trust XRP ETF (XRPI) for Q3 2025, worth a combined $21.2M — up 795% from $2.37M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new XRPI positions and 1 closed out — a net gain of 38 holders — while 4 added to existing stakes and 0 trimmed.
The largest buyer was Refined Wealth Management, opening a new position worth an estimated $2.97M. The largest seller was Total Investment Management, exiting entirely with an estimated $2.52K sold.
- 45 institutional investors held Volatility Shares Trust XRP ETF (XRPI) as of Q3 2025, up from 7 in Q2 2025.
- Funds reported $21.2M of Volatility Shares Trust XRP ETF stock for Q3 2025, up 795% quarter-over-quarter.
- 39 funds opened new Volatility Shares Trust XRP ETF positions in Q3 2025 and 1 closed out, a net change of +38 holders.
- The largest Volatility Shares Trust XRP ETF buyer in Q3 2025 was Refined Wealth Management, an estimated $2.97M added.
- The largest Volatility Shares Trust XRP ETF seller in Q3 2025 was Total Investment Management, an estimated $2.52K sold.
Based on aggregated 13F filings for Q3 2025.