#XRPETFs The SEC Approves ProShares XRP ETFs, Marking a Major Turning Point in Ripple-SEC Relationship After Years of Legal Tension

SEC Approves ProShares XRP ETF

The U.S. Securities and Exchange Commission (SEC) has officially approved ProShares' XRP Futures ETFs. With this decision, the SEC continues to open up significant opportunities for investors to participate in the XRP market without facing legal risks associated with directly holding the token.

According to the announcement, ProShares will launch three XRP Futures ETFs in the U.S. on April 30, including:

Ultra XRP ETF (2x leverage)

Short XRP ETF (inverse leverage -1x)

Ultra Short XRP ETF (inverse leverage -2x)

These will be the next three XRP ETFs introduced in the U.S. Earlier, on April 8, Teucrium's first XRP Futures ETF began trading on the New York Stock Exchange (NYSE), receiving a fairly positive market response.$XRP