$XRP First U.S. XRP ETF Launched: On April 8, 2025, Teucrium launched the first U.S.-based XRP ETF, a 2x leveraged fund under the ticker XXRP, listed on NYSE Arca. It aims to deliver twice the daily return of XRP using swaps and European exchange-traded products, with a 1.85% management fee. It saw over $5 million in trading volume on launch day, indicating strong investor interest. However, it’s not a spot ETF, and concerns about XRP’s price volatility and declining Ripple network usage were noted.ProShares Futures ETFs: ProShares filed for three XRP futures ETFs (UltraShort, Ultra, and Short XRP ETFs) with a planned launch date of April 30, 2025, following Teucrium’s lead. This move signals growing institutional acceptance of XRP as an asset class, especially after Bitcoin and Ethereum futures ETFs paved the way.