#XRPETF As of Sunday, April 27, 2025, here's the current situation regarding XRP ETFs:

Approved and Launching Soon:

* ProShares XRP ETFs: The SEC has approved the launch of three XRP Futures ETFs by ProShares Trust, with trading scheduled to begin on April 30, 2025. These ETFs are:

* ProShares Ultra XRP ETF

* ProShares Short XRP ETF

* ProShares UltraShort XRP ETF

These funds will offer investors exposure to XRP price movements through futures contracts, without requiring direct holding of the cryptocurrency.

* Teucrium 2x Long Daily XRP ETF (XXRP): This ETF has already launched and trades under the ticker XXRP on the NYSE Arca. It seeks to provide daily investment results (before fees and expenses) that correspond to two times (2x) the daily price performance of XRP. This is a leveraged ETF designed for short-term trading.

* Hashdex XRP ETF (XRPH11): This is the world's first spot XRP ETF and has launched on the Brazilian stock exchange. It provides regulated exposure to XRP for investors in Brazil.

Pending Approval/Anticipation:

* There is increasing optimism and market speculation regarding the potential approval of spot XRP ETFs in the United States.

* Several asset managers, including Grayscale and Franklin Templeton, have filed applications for XRP-related ETFs.

* The SEC has a deadline in May 2025 to respond to Grayscale's spot XRP ETF filing, although final deadlines could extend to October.

* Market analysts suggest that the approval of spot XRP ETFs in the US is likely a "matter of time," with potential involvement from major ETF issuers like BlackRock and Fidelity in the future.

* Polymarket, a crypto-betting platform, shows increasing odds for a spot XRP ETF approval by December 2025.

Other Developments:

* CME Group announced plans to launch cash-settled XRP futures on May 19, pending regulatory approval. This could further enhance XRP's liquidity and visibility for traditional investors.

* 21Shares offers the AXRP ETP in Europe, which is 100% physically backed by XRP.

In summary,