๐Ÿ“ฐ XRP ETF Approval Update โ€“ April 30, 2025

โœ… SEC Approval Granted

The U.S. SEC has officially approved 3 XRP futures-based ETFs by ProShares:

Ultra XRP ETF (๐Ÿ“ˆ 2x leverage)

Short XRP ETF (๐Ÿ“‰ -1x)

UltraShort XRP ETF (โšก -2x)

These ETFs give investors leveraged/inverse exposure to XRP via futures contracts โ€” not the actual token.

๐Ÿ“… Launch Date Update:

Originally set for April 30, the ETFs are now expected to launch on May 14, 2025.

๐Ÿ” Spot XRP ETF Status:

The SEC has not approved any spot XRP ETF yet.

Franklin Templetonโ€™s application is under review

Decision deadline: June 17, 2025

๐Ÿ’ก Summary:

XRP futures ETFs are coming soon to U.S. markets

Spot XRP ETF still pending regulatory greenlight

XRP price action may reflect market anticipation#XRPETFs $XRP