$XRP XRP ETFs are gaining traction globally. Here are some key developments ¹ ² ³:

- *ProShares XRP ETFs*: ProShares is set to launch three XRP Futures ETFs on April 30, offering investors exposure to XRP price trends without directly holding the token. These ETFs include:

- *ProShares UltraShort XRP ETF*: designed for investors betting against XRP's price

- *ProShares Ultra XRP ETF*: for investors seeking amplified exposure to XRP's price movements

- *ProShares Short XRP ETF*: for investors looking to profit from a decline in XRP's price

- *21Shares XRP ETP*: This ETN tracks Ripple's (XRP) value, has €523m in assets under management, and is listed on exchanges like Euronext Amsterdam, XETRA, and SIX Swiss Exchange.

- *XRP Spot ETF in Brazil*: The first-ever XRP spot ETF has debuted on Brazil's main stock exchange, providing investors with direct exposure to XRP's price movements.

- *Potential Impact of SEC Settlement*: XRP-spot ETF approvals might hinge on the SEC appeal withdrawal and a favorable Ripple case settlement. A settlement could significantly influence XRP's price, with potential targets at $3.5505 or even $5.

Keep in mind that cryptocurrency markets are highly volatile, and ETF performance can be affected by various factors, including regulatory changes and market sentiment.