Amplify ETFs has introduced the first XRP-based options income exchange-traded fund, the Amplify XRP 3% Monthly Premium Income ETF (XRPM).
The new fund expands Amplify’s YieldSmart family, a range of options-focused ETFs designed to balance income generation and capital appreciation. XRPM provides exposure to XRP price dynamics while seeking high, recurring revenue through an actively managed covered call strategy.
The ETF seeks to generate a target annualized option premium of 36%, the equivalent of approximately 3% per month, based on market conditions at the time of its prospectus. Its goal is to provide a stable income while capturing a partial uptick in XRP’s weekly price movements.
Weekly options strategy designed for income and growth
XRPM’s structure divides the portfolio into two components: a covered call portion representing approximately 30-60% of the portfolio and a long-only portion representing the remainder.
On the hedged segment, managers write weekly out-of-the-money call options, with the aim of collecting premium income while allowing limited upside if XRP appreciates within the strike range.
The long end only preserves unlimited upside potential linked to the performance of the XRP market. By using short-term weekly contracts instead of monthly options, the strategy allows for four times more premium collection opportunities.
Amplify positions XRPM as a way for investors to access the growth potential of XRP while benefiting from a steady stream of options income through an actively managed and risk-aware framework.
Amplify Highlights XRP’s Role in Global Payments
The launch coincides with the growing adoption of XRP, currently the fourth largest cryptocurrency by market capitalization. The digital asset serves as the native currency of the XRP Ledger, an open-source blockchain designed for global payments.
Beyond payments, XRP supports tokenized assets and decentralized finance applications with its scalable infrastructure. Its use by financial institutions and technology providers continues to highlight its relevance in the digital asset economy.
“Amplify is excited to expand our crypto-related YieldSmart solution.
and join the XRP ecosystem with a one-of-a-kind product,” said Christian Magoon, CEO of Amplify ETFs.
“With XRPM, investors have access to an innovative approach that combines high options premium income with weekly upside tied to one of the world’s most established digital assets,” adds Magoon.
Fund structure and disclosures
The fund does not invest directly in XRP; rather, returns come from options strategies tied to exposure to XRP prices. Amplify Investments LLC is serving as advisor, with Kelly Strategic Management LLC and Penserra Capital Management LLC serving as sub-advisors.
Annual target premiums reflect market conditions as of the effective date of the prospectus and may fluctuate, and distributions are not guaranteed.
XRPM marks a new entry into the expanding universe of cryptocurrency income products, providing investors with a structured way to generate income while participating in the potential long-term growth of XRP.
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