According to online reports, Volatility Shares launched its first XRP Futures ETF ($XRPI) on Nasdaq today, which invests at least 80% of its net assets in XRP-related financial instruments. The company also plans to launch a double leverage XRP futures ETF product. Previously, the Chicago Mercantile Exchange (CME) launched XRP futures and micro XRP futures contracts on May 19, providing institutional investors with regulatory channels to access XRP. Analysts expect that under the more friendly regulatory attitude of new SEC Chairman Paul Atkins, the spot XRP ETF is expected to be approved later this year, with a market expectation of 83%.