#XRPETFs The XRP ETF funds are attracting attention, with some recent developments. ProShares plans to launch three new XRP ETF funds on April 30, 2025, after receiving SEC approval. These ETF funds will be based on futures contracts, allowing investors to bet on the price volatility of XRP with leverage ¹ ².

Additionally, the SEC is currently reviewing applications for spot XRP ETF funds from issuers such as Grayscale, Bitwise, and 21Shares. A decision on Grayscale's application is expected to be announced in May 2025 ³ ¹.

Notably, the SEC's approval of futures-based XRP ETF funds before approving spot funds is an unusual move. Typically, spot ETF funds are approved first, followed by leveraged funds ¹.

Here are some important XRP ETF funds to watch:

- *ProShares Ultra XRP ETF*: A futures-based ETF that provides leveraged exposure to the price movements of XRP.

- *Grayscale XRP Trust*: A closed-end fund that allows investors access to XRP, although it is not a traditional ETF.

- *21Shares XRP ETP*: A listed ETP in Europe that tracks the price movements of XRP ⁴ ⁵.