According to BlockBeats, on April 27, the U.S. SEC approved three XRP futures ETFs from ProShares Trust: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF.
The ProShares Ultra XRP ETF seeks to provide a return twice as high as the XRP futures price. The ProShares UltraShort XRP ETF seeks to provide a return twice as high as the inverse of the XRP futures price. The ProShares Short XRP ETF seeks to provide a return inverse to the XRP futures price.
These three futures ETFs are scheduled to be officially listed and traded on April 30, 2025.
