Volatility share, companies focused on developing innovative leveraged exchange trading funds (ETFs) have suggestion Three new XRP products.
In particular, we applied for a unique ETF product (-1x XRP ETF) that allows XRP Bear to wager on tokens that have spread.
The daily performance of a product is inversely proportional to the return of the XRP price.
In addition to this, the company has also submitted for another leveraged ETF product and another leveraged ETF product that doubles the performance of its Ripple Link Token.
In that filing, volatility stocks outlined several risks associated with XRP, including the global supply of tokens, an increase in forks in XRP ledgers, and the decision that XRP is security, manipulative trading activities, and more.
Volatility Share is, of course, known for launching its first leveraged Bitcoin futures ETF in June 2023 (a few months before the debut of the first spot Bitcoin ETF).
As reported by U.Today, the U.S. Securities and Exchange Commission (SEC) recently approved various XRP ETF filings despite the fact that it has not yet lowered its appeal against Ripple.
Multi-tiered data shows that the likelihood of such products being approved in the US has almost flattened over the past two months. Currently, users of major betting websites are seeing a 76% chance of this incident right up to this year.
The SEC must decide whether or not the XRP ETF must be approved by October 18th.
In the meantime, Spot XRP ETFs were Recently approved In Brazil.
