Volatility Shares, an asset manager celebrated for its innovative exchange-traded funds (ETFs), has filed for three new XRP-focused ETFs. The proposed funds include a spot XRP ETF that aims to track the cryptocurrency's market price, a 2x leveraged XRP ETF that amplifies price movements, and an inverse -1x XRP ETF offering traders a means to short XRP by mirroring its daily performance in reverse.

This development intensifies the growing anticipation for regulatory approval of an XRP ETF in the United States. Currently, the probability of approval estimated by traders on Polymarket stands at 77% for this year.