#XRPETF
The U.S. SEC has approved ProShares Trust’s XRP Futures ETFs, scheduled for launch on April 30, 2025. This marks a major step for XRP, making it one of the first altcoins beyond Bitcoin and Ethereum to receive ETF approval. ProShares will introduce three ETFs: ProShares UltraShort XRP, ProShares Ultra XRP, and ProShares Short XRP, offering leveraged and inverse exposure to XRP price movements without directly holding the asset. Following the news, XRP’s price surged past $2.20. While this approval covers futures ETFs, a spot XRP ETF could follow depending on the outcome of Ripple's ongoing legal battle with the SEC. Overall, this development signals growing regulatory acceptance and could boost XRP’s adoption and liquidity across institutional and retail markets.
