Volatility Shares Trust XRP ETF
XRPI
49 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 18 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
64% more capital inflows, than outflows
Capital inflows: $14.2M | Capital outflows: $8.65M
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
9% more funds holding
Funds holding: 45 → 49 (+4)
2.67% more ownership
Funds ownership: 10.91% → 13.58% (+2.7%)
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 |
Farringdon Capital
London,
United Kingdom
|
+$2.26M |
| 5 |
Virtu Financial
New York
|
+$733K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Independent Financial Group
San Diego,
California
|
-$2.23M |
| 2 |
NewEdge Advisors
New Orleans,
Louisiana
|
-$1.9M |
| 3 |
Jain Global
New York
|
-$1.7M |
| 4 |
Flow Traders U.S.
New York
|
-$945K |
| 5 |
DRW Securities
Chicago,
Illinois
|
-$573K |
XRPI Hedge Fund Activity: Q4 2025 in Review
49 of the 8,294 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: 18 funds opened new XRPI positions and 14 closed out — a net gain of 4 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.
- 49 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.
- 18 funds opened new Volatility Shares Trust XRP ETF positions in Q4 2025 and 14 closed out, a net change of +4 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.