#XRPETFs

The U.S. Securities and Exchange Commission (SEC) has approved the launch of three XRP futures exchange-traded funds (ETFs) by ProShares, marking a significant advancement for the integration of digital assets into traditional markets. The ETFs — Ultra XRP ETF (with 2x leverage), Short XRP ETF (inverse exposure of -1x), and Ultra Short XRP ETF (inverse exposure of -2x) — are scheduled to be launched on April 30, 2025.

These products will allow investors to speculate on XRP price movements without directly owning the asset, using futures contracts as a basis. The approval comes after the resolution of the legal proceedings between the SEC and Ripple, the company behind XRP, which concluded in March 2025.

The news had a positive impact on the market, with the price of XRP registering an increase of 5.09% in the last 24 hours, reaching US$177,955,857,672.28. Additionally, CME Group announced plans to launch XRP futures contracts on its platform, reinforcing institutional interest in the cryptocurrency.

Meanwhile, the SEC continues to review applications for spot XRP ETFs, with decisions expected in the coming months. The approval of futures ETFs is seen as an important step toward the eventual introduction of spot products in the North American market.