#XRPETFs Recent Approval of XRP Futures ETFs (Not Spot ETFs):

* The U.S. Securities and Exchange Commission (SEC) has approved the listing of XRP futures ETFs from ProShares Trust.

* These ETFs are scheduled to go live on April 30, 2025, on the NYSE.

* It's crucial to understand that these are futures ETFs, meaning they track the price of XRP futures contracts, not the actual spot price of XRP. This is different from a spot ETF, which would hold the underlying XRP.

* ProShares is launching three XRP futures ETFs:

* ProShares Ultra XRP ETF (2x leverage)

* ProShares Short XRP ETF (-1x leverage)

* ProShares UltraShort XRP ETF (-2x leverage)

* Another company, Teucrium, had already launched an XRP futures ETF (2x Long Daily XRP ETF) earlier in April.

Spot XRP ETF Status in the U.S.:

* Currently, there is no approved spot XRP ETF in the United States.