#AltcoinETFsPostponed In a move that expands cryptocurrency ETF options, ProShares will launch three new futures-based funds tracking Ripple's XRP this Wednesday. This development follows the SEC's implicit approval, as its registration was not rejected. The new ETFs, Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF, will offer leveraged exposure to XRP futures, based on Teucrium's previous XRP ETF. This decision comes as CME Group's derivatives market also plans to introduce XRP futures in May, pending regulatory review, highlighting the growing institutional interest in providing regulated access to altcoins like XRP.
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