#XRPETFs [4/28, 4:48 PM] Meta AI: XRP ETFs are gaining traction, with several developments in the pipeline. Here's what's happening:

Upcoming XRP ETFs

- *ProShares XRP ETFs*: ProShares will launch three XRP futures-based ETFs on April 30, 2025:

- *Ultra XRP ETF*: Offers 2x leveraged exposure to XRP's daily price movements

- *Short XRP ETF*: Provides -1x inverse exposure

- *Ultra Short XRP ETF*: Delivers -2x inverse leverage

- *Spot XRP ETFs*: The SEC is reviewing applications for spot XRP ETFs from companies like Grayscale, VanEck, 21Shares, and Franklin, with deadlines between April and October 2025

Existing XRP ETPs

- *21SHARES XRP ETP*: Available on exchanges in Switzerland, Netherlands, and Germany, with varying prices:

- AXRPCHF.SW: Listed on the XSWX exchange in Switzerland, priced at $0.00 (likely due to lack of data or trading activity)

- *(link unavailable)*: Listed on the XAMS exchange in Netherlands, priced at $61.52

- *TOSRF*: Listed on the OOTC exchange, priced at $60.85

- *(link unavailable)*: Listed on the XBER exchange in Germany, priced at €53.78

Market Impact

The approval of XRP futures ETFs could attract institutional interest and potentially pave the way for spot XRP ETFs. XRP's price surged 7% following the news of ProShares' ETF launch, and some predict a potential influx of $100 billion+ into XRP if a spot ETF is approved.¹ ²

[4/28, 4:48 PM] Meta AI: https://99bitcoins.com/news/after-cme-proshares-to-debut-three-new-xrp-etfs-on-30-april-after-sec-nod/