#XRP ETFs

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➡️The U.S. Securities and Exchange Commission (SEC) has approved three XRP futures-based ETFs from Pro-Shares, set to launch on April 30, 2025.

↪️ These products—the Ultra XRP ETF (2x leverage), Short XRP ETF (inverse exposure), and UltraShort XRP ETF (-2x leverage)—offer XRP exposure through derivatives rather than direct holdings.

↪️This approval follows Teucrium’s successful launch of its 2x Long Daily XRP ETF earlier in April. The decision comes shortly after Ripple settled its lawsuit with the SEC for $50 million. While XRP trades near $2.33, investors now await the SEC’s ruling on Grayscale’s pending spot XRP ETF application, due May 22.

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