#XRP ETFs Are Official: What ProShares’ SEC Approval Means for Crypto Investors
The U.S. Securities and Exchange Commission has officially approved ProShares Trust’s futures-based XRP ETFs, with a public launch scheduled for April 30, 2025. This milestone marks a major step toward XRP’s integration into traditional finance and highlights the growing institutional interest in crypto assets.
ProShares, known for launching the first U.S. Bitcoin futures ETF, is now expanding into XRP with products that offer leveraged and inverse exposure. While the approval is limited to futures-based ETFs — not spot #ETFs — analysts suggest this could pave the way for future spot $XRP products as market depth and demand continue to grow.
As XRP’s mainstream presence strengthens, investors should anticipate increased market activity and volatility in the days leading up to the launch.
Read the full story on Ecoinimist.com
