#XRPETF XRP ETF news is buzzing. Here's what's happening:

Upcoming Launches

- *ProShares XRP ETFs*: ProShares is set to launch three XRP Futures ETFs on April 30, offering investors exposure to XRP price trends without directly holding the token. These ETFs include ¹:

- *ProShares UltraShort XRP ETF*

- *ProShares Ultra XRP ETF*

- *ProShares Short XRP ETF*

Recent Developments

- *First-ever XRP Spot ETF*: Brazil's main stock exchange has debuted the world's first XRP spot ETF, providing new opportunities for investors.

- *SEC Settlement*: The potential approval of XRP-spot ETFs may hinge on the SEC withdrawing its appeal and a favorable Ripple case settlement. Ripple CEO Brad Garlinghouse mentioned that the company has reached an agreement with the SEC staff to dismiss the case and return most of the $125 million fine ² ¹.

Market Data

- *Current Price*: $2.18

- *Market Capitalization*: $130.19 billion

- *24-hour Change*: -0.44%

Available XRP ETFs

- *21Shares XRP ETP*: A physically backed ETN tracking Ripple's XRP, available on exchanges like Euronext Amsterdam, Euronext Paris, and SIX Swiss Exchange, with a total expense ratio of 2.50% p.a. and assets under management of €523 million ³.

Price Outlook

- *Bullish Scenario*: An SEC appeal withdrawal and a favorable settlement ruling could drive XRP toward its all-time high of $3.5505, with potential longer-term post-ETF launch move toward $5.

- *Bearish Scenario*: Appeal withdrawal delays, adverse court rulings, or ETF rejections could see a retreat toward the $1.50 mark ¹.