#XRPETFs According to Odaily, cryptocurrency journalist Eleanor Terrett stated on platform X that the three ProShares XRP ETFs are not spot products. Instead, they are requests for futures and leveraged/inverse products. Unlike spot products, these do not require explicit 'approval' from the U.S. Securities and Exchange Commission (SEC). They go into effect unless the SEC raises objections within a certain period after the request is submitted.

$XRP currently is up more than 7% as of 7 AM on April 28, 2025, and this positively impacts the sentiment of the crypto market. It is worth noting that Brazil was the first country in the world to regulate the use of XRP on exchanges. If you still do not have XRP and want to expose yourself to the asset, you can buy it in Brazil at Bovespa through Xrph11.