#XRPETF ProShares is set to launch its three XRP Futures ETFs on Wednesday, April 30. The ETFs, ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, will offer investors exposure to XRP price trends without holding the token directly.

The expansion of Futures ETFs reflects growing regulatory acceptance of XRP as an asset class. Importantly, investors may consider the futures market as a stepping stone toward an XRP-spot ETF market.

SEC Appeal Withdrawal Crucial for XRP-Spot ETF Approvals

While futures ETFs draw interest, an SEC appeal withdrawal and resolution of the Ripple case remain crucial for XRP-spot ETF approvals. Investors await an SEC court filing requesting Judge Torres to lift the injunction prohibiting XRP sales to institutional investors and to lower the $125 million penalty as part of an agreed settlement.