#XRPETF

ProShares will launch three futures-based ETFs that track the price of XRP on April 30, according to a filing with the SEC reviewed by Cryptopolitan.

The three products are called Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF. Each offers different exposure to the price movements of XRP, with Ultra XRP ETF providing 2x leverage, Short XRP ETF betting against the price of XRP, and Ultra Short XRP ETF offering -2x leverage.

These ETFs were first proposed in January and finally received the green light after the SEC rejected objections during the review period.