#XRPETFs : Latest News as of April 28, 2025

The U.S. Securities and Exchange Commission (SEC) has approved ProShares to launch three new XRP futures ETFs—Ultra XRP ETF (2x leverage), Short XRP ETF, and Ultra Short XRP ETF (with -1x and -2x inverse returns, respectively). These three ETFs will officially launch on April 30. This marks the first time the U.S. has approved such XRP financial instruments, opening new investment opportunities for institutional and retail investors.

Futures ETFs allow investors to bet on the rise or fall of XRP prices without directly holding the tokens. Following this news, the XRP price surged to $2.34 (a 10% increase in a week), with trading volume skyrocketing by 132%. The SEC's approval reflects a more lenient attitude towards the crypto market after the conclusion of the Ripple vs. SEC lawsuit in March 2025, which also cleared a significant regulatory hurdle for XRP.

Meanwhile, the SEC is reviewing XRP spot ETF applications submitted by institutions such as Grayscale and VanEck, with the first approval decision expected to be announced in May. Experts believe that the launch of futures ETFs is just the first step, and spot ETF products are likely to become the next catalyst for significant capital inflow into XRP.