XRPT - Volatility Shares Trust - 2x XRP ETF
XRPT is a leveraged fund focused on providing 2x the daily price returns linked to XRP futures contracts traded on CFTC-registered exchanges, along with collateral investments like cash or high-quality securities. It aims for 2x daily participation in XRP returns by using the price of the near-expiry XRP futures contracts and rolling the futures contracts prior to expiration. Though the fund does not invest directly in XRP, it benefits from XRP futures contracts price increases and exposes investors to leveraged downside risk.
As of Sep 30, 2026: spot at $37.89, ATM IV 147.5%, max pain $35.00, net GEX $42.9K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $90.9M
- Beta
- 2.68
- 52-Week Range
- 18.96-362.5
- Dividend Yield
- $1.36
- IPO Date
- May 22, 2025
- Exchange
- NASDAQ
What XRPT Looks Like to Options Traders Today
IV rank of 55.5% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($42.9K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.188) prices puts richer than calls, the typical equity downside-protection skew.
What This Page Covers
The XRPT overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked XRPT overview questions
- What is XRPT?
- XRPT is the ticker symbol for Volatility Shares Trust - 2x XRP ETF, an listed exchange-traded fund. XRPT is a leveraged fund focused on providing 2x the daily price returns linked to XRP futures contracts traded on CFTC-registered exchanges, along with collateral investments like cash or high-quality securities. It aims for 2x daily participation in XRP returns by using the price of the near-expiry XRP futures contracts and rolling the futures contracts prior to expiration. Listed on NASDAQ. XRPT is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the XRPT options snapshot look like today?
- As of Sep 30, 2026, the XRPT options snapshot shows spot at $37.89, ATM IV 147.5%, IV rank 55.5%, max pain $35.00, net GEX $42.9K, expected move 42.29%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are XRPT's key statistics?
- Volatility Shares Trust - 2x XRP ETF (XRPT) carries a market capitalization of $90.9M, 52-week range of 18.96-362.5. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does XRPT belong to?
- Volatility Shares Trust - 2x XRP ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare XRPT's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the XRPT data on this page?
- The options snapshot above is dated Sep 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.