#XRPETFs
Here’s a concise and timely update on **#XRPETFs**:
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**#XRPETFs: Futures Launch Sparks Optimism for Spot Approval**
The U.S. Securities and Exchange Commission (SEC) has approved the launch of three XRP futures-based exchange-traded funds (ETFs) by ProShares Trust, scheduled for April 30, 2025. These ETFs include the Ultra XRP ETF (2x leverage), Short XRP ETF (-1x leverage), and Ultra Short XRP ETF (-2x leverage), offering investors various exposure levels to XRP's price movements through futures contracts citeturn0search10.
This development follows the conclusion of Ripple's legal battle with the SEC, which had previously cast uncertainty over XRP's regulatory status. The resolution has cleared a significant hurdle, enabling the introduction of these futures-based products citeturn0search1.
While the SEC has yet to approve any spot XRP ETFs, several asset managers, including Grayscale and Franklin Templeton, have pending applications. Analysts estimate a 73% probability of spot XRP ETF approval in the U.S., especially as international markets like Brazil have already launched such products citeturn0search2.
The anticipation surrounding these developments has positively impacted XRP's market performance. As of April 29, 2025, XRP is trading at approximately $2.28, reflecting increased investor confidence citeturn0search12.
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