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ICYMI: 🇺🇸 ProShares $XRP ETF officially launches on July 18, 2025.
- The post announces ProShares' launch of an XRP ETF on July 18, 2025, a significant step following Ripple's legal victory against the SEC in March 2025, which resolved a $1.3 billion lawsuit and cleared regulatory hurdles, as reported by CoinDesk on April 28, 2025.
- XRP's current price of $2.78 (CoinMarketCap, July 12, 2025) reflects a 21.61% weekly surge driven by ETF speculation, supported by the XRP Ledger's efficiency (3-5 second settlements, 1,500 transactions per second), making it a viable investment option.
- The SEC's recent approval of multiple XRP ETFs, including ProShares' three funds tracking XRP futures, contrasts with its earlier stay order on Grayscale’s ETF (FXEmpire, July 13, 2025), highlighting evolving regulatory attitudes toward cryptocurrencies.