#XRPETF

XRP ETFs are gaining traction, with ProShares set to launch three XRP Futures ETFs on April 30, 2025. These ETFs will offer investors exposure to XRP price trends without directly holding the token. The launches include ¹:

- *ProShares UltraShort XRP ETF*: Provides inverse exposure to XRP futures.

- *ProShares Ultra XRP ETF*: Offers leveraged exposure to XRP futures.

- *ProShares Short XRP ETF*: Provides short exposure to XRP futures.

Existing XRP ETPs (Exchange-Traded Products) include ²:

- *21Shares XRP ETP*: Tracks the value of Ripple (XRP) with a total expense ratio of 2.50% per annum. It's listed on various exchanges, including Euronext Amsterdam, Euronext Paris, XETRA, and SIX Swiss Exchange.

- *Bitwise Physical XRP ETP*: Offers full replication of XRP with a TER of 1.95% per annum.

- *WisdomTree Physical XRP*: Provides full replication with a TER of 0.50% per annum.

- *CoinShares Physical XRP*: Offers full replication with a TER of 1.50% per annum.

The approval of XRP-spot ETFs may depend on the SEC withdrawing its appeal and a favorable settlement in the Ripple case. Recent developments suggest a potential settlement, with the SEC agreeing to drop its appeal and Ripple agreeing to drop its cross-appeal ¹.