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On April 30, 2025, ProShares, a leading issuer of exchange-traded funds (ETFs), will launch three futures XRP ETFs after SEC approval. These funds are ProShares Ultra XRP ETF (2x leverage), ProShares Short XRP ETF (-1x leverage), and ProShares UltraShort XRP ETF (-2x leverage), which will track the prices of XRP futures, allowing investors to profit from price increases or decreases without directly owning the token. The launch follows the successful debut of Teucrium 2x Long Daily XRP ETF, which raised $5 million on its first trading day.