Amplify ETFs has introduced the first U.S.-listed XRP-based option income exchange-traded fund, the Amplify XRP 3% Monthly Premium Income ETF (XRPM), following formal approval by the Cboe BZX Exchange. The certification letter dated November 17, 2025, confirmed that the fund meets all regulatory requirements under the Exchange Act of 1934, with trading set to commence on November 18, 2025, via a single New Issue Auction at approximately 9:30 a.m. ET.
The ETF is structured to deliver a target 36% annualized option premium income, equivalent to about 3% per month, based on market conditions at the prospectus date. It employs an actively managed covered call strategy, dividing the portfolio into two components: a covered call portion (30%–60%) where weekly out-of-the-money call options are written to collect premiums, and a long-only portion to preserve unrestricted upside tied to XRP's price movements. This weekly options approach allows for four times as many premium-collection opportunities compared to monthly contracts.
Christian Magoon, CEO of Amplify ETFs, stated, "Amplify is excited to expand our crypto-linked YieldSmart lineup and join the XRP ecosystem with a first-of-its-kind product. With XRPM, investors gain access to an innovative approach that combines high option premium income with weekly upside tied to one of the world’s most established digital assets." The fund does not invest directly in XRP but derives returns from option strategies linked to XRP's price exposure, with Amplify Investments LLC as the adviser and Kelly Strategic Management LLC and Penserra Capital Management LLC as sub-advisers.
This launch underscores XRP's growing role in global payments and decentralized finance, positioning XRPM as a key entry in the expanding crypto-linked income product landscape, offering investors a structured way to generate steady income while participating in XRP's potential long-term growth.
