Volatility Shares Trust XRP 2X ETF

XRPT

Market cap $99.9M

XRP ETFs steal the spotlight in 2026 as a 25% January surge leaves Bitcoin behind.

XRP's spot ETFs are sucking in roughly $50 million a day in fresh capital, hitting nearly $1 billion in inflows in under four weeks, the fastest adoption pace since Ethereum ETFs launched. Yet the token itself has cratered 11% over the past ten days and sits near $1.72, well below the $2.

2025 has so far been a big year for leveraged ETFs. I wrote a research note on leveraged ETFs earlier this year (read more here) where I discussed some trends in the leveraged ETF market.

2x XRP ETF offers 2x daily exposure to Ripple USD via futures, making it suitable only for short-term trading, not long-term investment. Due to daily resets and compounding, holding XRPT longer than one day can lead to value decay and performance divergence from the 2x target. XRPT has decent liquidity and a lower expense ratio than peers, but spread risk and short-term tax implications must be considered.