According to Cookie DAO (@cookiedotfun), XRP has climbed to the top position for positive sentiment in the last 24 hours after the historic launch of the first-ever XRP Futures ETF on Nasdaq. This ETF debut is driving significant trading optimism, as observed in the 'latest buzz' section highlighted by Cookie Deep Research. The introduction of the XRP ETF on a major U.S. exchange signals institutional interest and could increase XRP liquidity, with potential spillover effects on related altcoins and the broader crypto derivatives market (source: @cookiedotfun, May 23, 2025).

According to Eric Balchunas, VolatilityShares is set to launch the first-ever XRP futures ETF with the ticker $XRPI, marking a significant development for crypto traders seeking XRP exposure via traditional markets (source: Eric Balchunas, Twitter, May 21, 2025). While a 2x leveraged XRP ETF already holds $120 million in assets under management and averages $35 million in daily trading volume, $XRPI is the first 1x XRP futures ETF available. The strong performance of the 2x product indicates robust demand, suggesting $XRPI could see high liquidity and active participation from institutional and retail traders. This launch is expected to enhance XRP price discovery, increase mainstream adoption, and may influence broader crypto ETF trends.