#XRPETFs #XRPETFs

XRP ETFs are gaining traction, with several recent developments. ProShares is set to launch three new XRP ETFs on April 30, 2025, after receiving SEC approval. These ETFs will be futures-based, allowing investors to bet on XRP's price movements with leverage ¹ ².

Additionally, the SEC is currently reviewing applications for spot XRP ETFs from issuers like Grayscale, Bitwise, and 21Shares. A decision on Grayscale's application is expected by May 2025 ³ ¹.

It's worth noting that the SEC's approval of futures-based XRP ETFs before spot ETFs is an unusual move. Typically, spot ETFs are approved first, followed by leveraged funds ¹.