#xrpetf XRP rallies 2.79% as ProShares secures SEC approval to launch three XRP Futures ETFs on April 30.

Hashdex launches first XRP-spot ETF in Brazil, signaling potential global expansion for XRP ETFs.

Ripple and SEC settlement talks could reignite hopes for a US XRP-spot ETF and boost XRP demand.

XRP Rallies on Pro-Shares Futures ETF Approvals

Reports of the SEC greenlighting the launch of three XRP Futures ETFs drove XRP demand on Sunday, April 27. ProShares will launch the ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF on Wednesday, April 30.

Notably, these are futures ETFs, not spot ETFs, meaning the ETFs will give investors exposure to XRP without directly holding the token. The ETFs will invest in XRP futures contracts, swaps, and cash balances in money market instruments, including US