On April 28, 2025, the SEC officially approved ProShares to introduce three XRP futures ETFs. These ETFs, which will be available for trading in standard brokerage accounts beginning on April 30, allow investors to speculate on or hedge against XRP price fluctuations without the need to hold XRP tokens or use a cryptocurrency wallet directly.
Following formal approval, XRP futures ETFs triggered a rapid price increase of over 6%, briefly pushing XRP's value to $2.28. This surge occurred amidst some trader confusion regarding the specific product type.
Understanding the Impact of Recent "Futures ETF" Approvals on the Tokent.
---> SEC approval of an XRP futures product suggests regulatory acceptance of its market structure, which could attract large investors and banks.
---> Industry experts see this as the first of a possible series of events. A history review shows that Bitcoin and Ether spot-ETFs were behind their futures-only counterparts by 2–3 years.
XRP futures ETFs do not hold the cryptocurrency directly. Instead, they invest in contracts speculating on its future price. Consequently, these ETFs may incur "roll costs" and experience leverage fluctuations, making them a more complex investment than directly owning XRP tokens.