#XRPETF The U.S. Securities and Exchange Commission (SEC) announced its approval for the launch of futures exchange-traded funds (ETFs) linked to XRP from ProShares, set to begin trading on April 30, 2025. These funds include: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, providing investors with the opportunity to gain exposure to XRP price movements without needing to own the digital currency itself.
In another step towards the adoption of digital currencies, the Brazilian exchange B3 launched the world's first spot ETF for XRP, named XRPH11, allowing Brazilian investors the possibility of direct investment in XRP.
These developments reflect the growing institutional interest in XRP and enhance its position in global financial markets.
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