Volatility Shares XRP ETF (XRPI) carries a Hold rating due to high fees and tracking inefficiencies relative to spot XRP ETFs. XRPI offers a 2.98% TTM yield via monthly, variable distributions, providing income absent in spot XRP ETFs.
However, the rating emphasizes structural drawbacks inherent in the product despite its income feature. XRPI’s assets under management exceed $100 million, supporting liquidity and institutional relevance.
Yet, the ETF’s performance lags behind spot XRP due to tracking errors and other structural gaps. Looking ahead, long-term prospects for XRP-USD remain cautiously optimistic, but near-term headwinds and capital outflows are likely, underscoring the trade-off between income and efficiency for XRPI.
Leave a Reply