XRP is making headlines as the U.S. Securities and Exchange Commission (SEC) approves ProShares to launch three XRP futures ETF on April 30, 2025. These include the UltraShort XRP ETF, Ultra XRP ETF, and Short XRP ETF, offering investors leveraged exposure to XRP price movements. This approval follows the earlier launch of Teucrium’s 2x Long Daily XRP ETF on April 8, marking significant milestones for XRP-based investment products in the U.S.
Internationally, Brazil Hashdex has introduced the first spot XRP ETF, signaling growing global acceptance. In the U.S., Bitwise has filed for a spot XRP ETF, with analysts estimating an 81% chance of approval by year-end.
These developments have positively impacted XRP market performance, with the token currently trading at $2.34, reflecting a 7.34% increase. As the ETF landscape for XRP evolves, investors are closely monitoring regulatory decisions that could further influence XRP adoption and price trajectory.
